Market Powers Past Rate Increase, Powell’s Statement that Hikes Aren’t Over Yet
Key Takeaways Stocks briefly wobble, then rally after Fed raises rates 25 basis points, keeps language hawkish Fed acknowledges inflation fight progress but still calls prices ‘elevated’ 8th Fed rate hike in a row, but no sign of a pause ahead in March Shawn Cruz, Head Trading Strategist, TD Ameritrade (Wednesday Post-Fed) The Federal Reserve is taking […]