Aggressive Fed Action Met With Favorable Market Response
June 15, 2022 at 16:35 PM EDT
The Federal Reserve announced a 0.75% interest rate increase for June, with another possible in July, as it backs aggressive talk with action. Markets closed higher, with the Nasdaq up 2.50%, the S&P 500 up 1.46%, and the Dow Jones Industrial Average up 1.00%, according to the Wall Street...
