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From Briefing.com: 2:30 pm: As the markets digest the recently released FOMC policy statement, stocks are heading lower and yields are rising. Overall, the directive's diction was not significantly altered. The FOMC policy statement provides little in the way for those hoping that the Fed would signal an imminent end to the current round of rate hikes. The policy statement kept intact the wording that "some further policy firming may be needed to keep the risks to the attainment of both sustainable economic growth and price stability roughly in balance." Furthermore, the statement also keeps the statement about the concern that "possible increases in resource utilization, in combination with the elevated prices of energy and other commodities, have the potential to add to inflation pressures." This statement is a disappointment to those looking for hopeful signs, and forecasts that the Fed will raise rates at least two more times may get more exposure.DJ30 -57.95 NASDAQ -5.12 SP500 -4.66 NASDAQ Dec/Adv/Vol 1396/1575/1.34 bln NYSE Dec/Adv/Vol 1482/1724/984.0 mln

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