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Fed Hikes Again, Takes Interest Rates to Highest Level Since 2008
S&P 500 falls -2.5% on Fed rate hike. That is how most coverage sums up stocks’ volatility on the day the Fed announced it will raise the fed-funds target range by another 0.75%, to 3.75 – 4.00%. Deeper analysis delves into the intraday wiggles, tying every twist and turn to the Fed’s words—and drawing big, […]
