Charter Communications Inc CHTR.O tumbled as brokerages cut their price targets following the telecom services firm's mega-spending plans for a higher-speed internet upgrade. In comments after the statement, Fed Chair Jerome Powell said it was too soon to talk about cutting rates as the focus is on making the policy stance restrictive enough to push inflation down to the central bank's 2% goal. Economic data on Tuesday which showed cooling consumer inflation for November had heightened expectations a move by the Fed to stop rate hikes might be on the horizon next year.