Federal Reserve Expects to Raise Interest Rates in 2023

WSJ What's News


The end of a two day policy meeting federal reserve chair. Jerome powell announced that the fed plans to raise interest rates by twenty twenty three. The projections follow a rapid economic recovery and increasing concerns about inflation. Which has been higher than expected. Stocks fell in the news. The dow closed down point eight percent the s. and p. Five hundred dropped half a percent and the nasdaq was down. Two tenths of a

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