Market 03/18: FED Holds Rates, Raises Forecasts

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Key Headlines:

• FOMC: Rates Held Steady as Expected

• Powell: “Nothing Is Certain”

• Israel eliminates another leader, strikes energy facilities

• Both sides target energy infrastructure

• Crude inventories rise for fourth straight week

• February PPI inflation beats forecasts

• Factory orders in January improve

• 30-year mortgage rate rises to +6.30%

• Japan: February trade surplus beats forecasts

• Microsoft weighs suing Amazon and OpenAI

• Markets: Fear returns, SPX back to 6600