Stocks Decline Amid Interest Rate Uncertainty and Economic Concerns
- Federal Reserve Chairman Jerome Powell's congressional testimony suggests more interest rate hikes are coming which worries investors.
- Multiple stock indexes fall in the U.S., Europe and Asia showing widespread economic anxiety.
- Inflation in the U.K. rose higher than projected intensifying concerns about the health of the economy.
- The Federal Trade Commission launched a lawsuit against Amazon causing the tech giant's stock to drop.
- Oil prices climbed but most other commodities fell as the outlook for global growth weakened.
Barron's 
