chickennuggets
2022-04-22
g//@mamaroar:good//@PearlynCSY:

Nasdaq slides 2%, Dow falls more than 350 points in sharp reversal as rising rates weigh on stocks. Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May. Powell’s statements essentially meet market expectations that the Fed will depart from its usual 25 basis point hikes and move more quickly to tame inflation that is running at its fastest pace in more than 40 years.

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Comments

  • Et1502
    2022-04-22
    Et1502
    TFS Infor… recent volatilty already signal the coming interest rate hikes.
  • Daddynsg
    2022-04-22
    Daddynsg
    Like me plsssssssssss
  • PandoraHaggai
    2022-04-22
    PandoraHaggai
    The performance of the index was disappointing.
  • EvanHolt
    2022-04-22
    EvanHolt
    It seems we need to be cautious.
  • MR_Wu
    2022-04-22
    MR_Wu
    The Fed has suddenly become very hawkish.
  • Lord Tan
    2022-04-22
    Lord Tan
    Its all over. I need to jump
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