Wall Street buckles, dollar roars, Dow Jones dives, on Fed move

NEW YORK, New York - Wall Street buckled on Wednesday and the U.S. dollar roared as the Federal Reserve delivered a 75 points official interest rate increase. The move was widely anticipated but markets responded with a volatile response.

"We have got to get inflation behind us," Fed Chair Jerome Powell (pictured) said in a news conference after the release of the Fed's FOMC statement and updated quarterly econom