The US Federal Reserve will not cut interest rates unless it sees progress on inflation this year, Fed Chairman Jerome Powell said. However, he himself expects a slowdown in inflation to become noticeable by the middle of the year as the effect of duties diminishes. U.S. stocks accelerated their decline on the back of Powell's press conference - after an unexpectedly high rise in wholesale prices and the Fed's decision to leave the rate unchanged.

Powell ruled out a rate cut without progress on inflation. Stocks accelerated their decline

It was the regulator's penultimate meeting before Jerome Powell steps down as chairman

The Fed has kept the rate unchanged for the second time in a row. Prospects for a rate cut are in doubt

Amazon.com, Inc.

lululemon athletica inc.

Alphabet Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: the Fed is on the ropes

Green Dot Corporation

DocGo Inc.

Beyond Meat, Inc.

AEye, Inc.

NVIDIA Corporation

Nebius Group N.V.

Meta Platforms, Inc.

Alibaba Group Holding Limited

Intuit Inc.

Dollar Tree Inc. R

Public Storage

Morning in New York: negative background intensifies

Traders do not expect monetary policy easing at the next Fed meeting

Trump demanded the Fed have a "special meeting" to cut rates "right now"

Micron Technology, Inc.

FedEx Corporation

Oil prices have soared more than 40% since the start of the Iranian crisis: on the morning of March 16, <a href="https://www.cnbc.com/quotes/@LCO.1">Brent</a> futures are trading near $105 and <a href="https://www.cnbc.com/quotes/@CL.1">WTI</a> futures are trading around $100 per barrel. This macroeconomic environment complicates the task of the US Federal Reserve, which will have to make a decision on the interest rate this week.

Fed rate, oil price and Micron report: what investors need to know this week

The war in the Middle East, which has deprived the world of about 20% of the global supply of oil and liquefied natural gas, is changing expectations about global inflation, economic growth and the outlook for monetary policy. An average oil price of $150 or even $200 a barrel no longer seems impossible to analysts, and such a rise could reignite inflation.

'An incredible shift': where two weeks of war in Iran has taken the world economy

Adobe Inc.

Ulta Beauty, Inc.

SentinelOne, Inc.

PagerDuty, Inc.

ServiceTitan, Inc.

Morgan Stanley

Dollar General Corporation

CF Industries Holdings, Inc.

Firefly Aerospace Inc.

The Descartes Systems Group Inc.

Deutsche Bank Aktiengesellschaft

Morning in New York: inflation statistics will set the vector for trading

Earlier, Morgan Stanley warned that the Fed may postpone monetary policy easing

The market has little hope of a Fed rate cut this year. Oil prices are to blame

That said, the bank did maintain its forecast for a rate cut at the Fed's June meeting

Fed may delay rate cuts due to oil shock, Morgan Stanley warned

The Consumer Price Index (CPI), which reflects the dynamics of the cost of goods and services in the U.S. economy, <a href="https://www.bls.gov/news.release/cpi.nr0.htm">rose</a> by 0.3% in February in monthly terms and by 2.4% in annual terms. This was fully in line with the expectations of economists surveyed by Dow Jones, CNBC <a href="https://www.cnbc.com/2026/03/10/new-inflation-data-is-set-for-release-wednesday-how-to-trade-it.html?&amp;qsearchterm=CPI">reports</a>. In January, annualized CPI growth <a href="https://oninvest.com/article/inflacia-v-ssa-zamedlilas-do-2-4-i-okazalas-nize-ozidanij-cto-budet-so-stavkoj">was</a> 2.4%; last December, it was 2.7%. The previous peak value of the index was recorded in September 2025, when its growth exceeded 3%.

US inflation stabilized before the Iranian crisis. What will happen to the rate?

Stocks fall, dollar rises, and traders are now less hopeful about Fed rate cuts