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Dow rallies 900 points as investors bet the Fed can slow inflation without causing a recession

cnbc.com · 864 words · saved by 1 readers

Stocks surged as investors digested the Federal Reserve's big interest rate decision on Wednesday.

Dow rallies 900 points as investors bet the Fed can slow inflation without causing a recession Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu watch now VIDEO 3:00 03:00 Fed raises interest rates by half a point, and market takes off News Videos Stocks jumped sharply on Wednesday in a relief rally from their 2022 doldrums after the Federal Reserve raised rates by a widely anticipated half percentage point and Chairman Jerome Powell ruled out getting even more aggressive in the central bank's inflation-fighting campaign. The Dow Jones

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