Global Markets Fall as Oil Jumps Ahead of Fed Decision
Global stocks fell Wednesday as oil prices rose after a strike in Iran. High U.S. inflation data also pressured markets ahead of the Federal Reserve decision.
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Global equity markets retreated on Wednesday as a sharp rise in crude prices and hotter-than-expected inflation data from the United States dampened investor confidence ahead of the Federal Reserve's latest policy announcement. The shift in market sentiment followed a period of relative stability, now disrupted by escalating geopolitical tensions and persistent price pressures.
