Shares on U.S. manufacturers weakened after the Fed's hawkish hold. New Chairman Kevin Warsh repeated a pledge to bring inflation down to the central bank's 2% target, while officials penciled in an increase in borrowing costs.
Shares on U.S. manufacturers weakened after the Fed's hawkish hold. New Chairman Kevin Warsh repeated a pledge to bring inflation down to the central bank's 2% target, while officials penciled in an increase in borrowing costs.
BMW cut its outlook for the year as the Middle East conflict takes a heavier toll than expected and competition heats up in the key Chinese market.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
June 17, 2026 17:00 ET (21:00 GMT)
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