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Why did the market rally after the fed meeting?

Im no expert yet but I do know that the increasing the interest rates slows down demand and increases unemployment. By decreasing the rates, the fed can stimulate demand, increase output and decrease unemployment.
Is there something I'm missing here. Is this all retail hype and its actually just a Liquidity grab before continuing the bear market? $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$
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