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Home > Power Lunch > The Fed Decision 5/4/22
Podcast: Power Lunch
Episode:

The Fed Decision 5/4/22
Category: Business
Duration: 01:17:09
Publish Date: 2022-05-04 19:26:50
Description: The Federal Reserve hikes rates by half a percentage point for the first time in two decades. Fed Chairman Jerome Powell says inflation is much too high, additional half point hikes are on the table and addressed the possibility of a future 75-basis point increase. The market reaction was volatile as investors hung on every word.
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