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CBS News · Jul 30, 2026 1:44 PM EDT MacroMarkets

Stocks plummet and Wall Street suffers worst day of 2026 as Fed keeps interest rates steady

Wall Street saw its roughest day of 2026 as Federal Reserve chair Kevin Warsh announced that interest rates would remain the same, despite some dissent within the Federal Open Market Committee. CBS News' Kelly O'Grady explains more.

Stocks plummet and Wall Street suffers worst day of 2026 as Fed keeps interest rates steady
Image CBS News

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