Affirm Stock Falls Wednesday As Fed Signals Higher Inflation Outlook

Affirm Holdings Inc (NASDAQ: AFRM) experienced a 6.01% decline in its stock price, trading at $44.70, following the Federal Reserve's decision to maintain interest rates at 3.50% to 3.75% and its projection of higher inflation for 2026. The Fed's outlook indicated a cautious macro environment, which has negatively impacted growth-oriented and rate-sensitive stocks. Despite the bearish trend, analysts maintain a Buy rating for Affirm, with an average price target of $85.88.