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Home > WSJ What's News > Stocks Fall After Fed Chair Warns of Faster Rate Increases
Podcast: WSJ What's News
Episode:

Stocks Fall After Fed Chair Warns of Faster Rate Increases

Category: Business
Duration: 00:13:59
Publish Date: 2023-03-07 21:57:00
Description:

P.M. Edition for March 7. U.S. stocks fell after Federal Reserve Chair Jerome Powell in testimony to the Senate Banking Committee indicated that the Central Bank could speed up interest-rate increases. Plus, President Biden’s plan to keep Medicare solvent includes increasing tax rates on high earners making over $400,000 a year. Tax policy reporter Rich Rubin joins host Annmarie Fertoli to discuss. 

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