The Federal Reserve raised interest rates yesterday by half a percent to try and slow inflation followed by a big gain of more than 900 points for the Dow Jones Industrial Average. A day later, many on Wall Street are reconsidering the Fed’s actions wondering if it’ll be able to slow inflation without putting the economy in a recession. Today, markets dropped, wiping out yesterday’s gains. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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#Stocks #Economy #Inflation
Stock Market Takes A Tumble Following Interest Rate Increase