Why the Fed’s latest rate hike sent stocks to the moon: Morning Brief

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Full recap of the Federal Reserve’s rate hike and Powell’s market-boosting comments

Stocks close higher on Wednesday as Powell hints Fed could slow pace of rate hikes The major averages surged as Federal Reserve Chair Jerome Powell spoke at his press conference…

Investors are obsessed with size of Fed’s next rate hike. Here’s what they’re missing.

Debate has been simmering about no matter if Federal Reserve policy makers will increase the fed-funds level by 3-quarters of a percentage point afterwards this thirty day period, as they…

Stocks slide as inflation, rate hike jitters mount

U.S. stocks traded sharply lower Monday, with traders betting a fresh decades-high print on inflation will force the Federal Reserve to get even more aggressive than previously anticipated to help…

Despite the Fed’s big rate hike, most banks won’t pay much in interest

Jerome Powell, Federal Reserver Governor. Katie Kramer | CNBC The Federal Reserve just lifted its benchmark interest fee by fifty percent a percentage issue, its biggest these transfer in a…

Biden pitches largest tax hike in history as part of $5.8T budget request

President Biden announces his budget for fiscal calendar year 2023. President Biden manufactured a renewed force on Monday to impress congressional Democrats to overhaul the nation’s tax code and dramatically increase…