Volatility In Markets Drops Further After Fed Raises Interest Rate By 0.5%
US stocks closed lower on Wednesday, after the Federal Reserve announced its rate decision.
The Federal Reserve raised its target fed funds rate by 0.5% to a new range of between 4.25% and 4.5%, in light with expectations from Wall Street. However, the central bank also expected rate increases through next year with no cuts until 2024.
Inflation Data, Fed Meeting Will Set the Table for 2023: What to Know This Week
It will be an eventful week on the macro front for investors and Federal Reserve watchers. November inflation data and a monetarypolicydecision will be the highlights.On Tuesday morning, the Bureau of
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