Name: Fed Raises Rates To Highest Level Since January 2008
Uploaded: 2022-11-02T18:57:58.203
Duration: 8 min 55 s

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FOMC raises target range for federal funds rate from 3.75% to 4%. FOMC anticipates that ongoing interest rate increases in the target range will be appropriate in order to attain a stance of monetary policy. "The stock market will not see a huge reaction until the press conference with Jerome Powell. I am pretty bullish on the economy. A hawkish Fed policy is likely to cause a significant global recession in 2023," says Hay Hatfield.

Fed Raises Rates To Highest Level Since January 2008

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.