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Tag: fed meeting

Dow skids 530 points, stocks close sharply lower after Fed raises rates, says cuts unlikely this year

Dow skids 530 points, stocks close sharply lower after Fed raises rates, says cuts unlikely this year

March 22, 2023March 22, 2023 · Breaking News

U.S. stocks closed sharply lower on Wednesday, giving up earlier gains, after the Federal Reserve raises interest rates by 25 basis points as expected, but talked down the…

Read more Dow skids 530 points, stocks close sharply lower after Fed raises rates, says cuts unlikely this year
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