Stocks close sharply higher as the Fed raises rates. Why?
- 25 basic points. Meet the expectation.
- Powell’s comments smoothed the investors concerns.
- The previous stumble has priced in.
- The Ukrain-Russia negotiation got positive progress.
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth.
- Powell’s comments smoothed the investors concerns.
- The previous stumble has priced in.
- The Ukrain-Russia negotiation got positive progress.
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth.
Sometimes, historical data could be a reference.
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