Stock market reacts to Federal Reserve raising interest rate by 75 basis points

FAN Editor 2 years ago

Stock market reacts to Federal Reserve raising interest rate by 75 basis points – CBS News

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Stocks fell sharply Wednesday when the Federal Reserve announced it was raising interest rates again another 75 basis points. Liz Young, head of investment strategy at SoFi, joined CBS News to discuss what the Fed’s announcement means for the future of the U.S. economy.

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