ABC News | The Latest: Oil Prices Down Ahead of Fed Meeting ABC News West Texas Intermediate crude oil has slipped roughly 4 percent to around $36 a barrel. This is a crucial sign that the rising inflation Fed officials expect to see might remain elusive, as cheaper oil undercuts the economy's ability to achieve the Fed ... US Stocks Fading As Fed Decision Draws Near; Oil Falls Sharply Wall Street rises ahead of Fed rate-hike decision The Fed's New Chapter Will Be Written in Dollar-Denominated Oil |