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Stocks fall following final interest rate hikes of 2022
Posted
December 14, 2022
Views
1,454
Likes
14
Comments
17
Engagement
2.13%
December 14, 2022
1,454
14
17
2.13%
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6:16Now PlayingThe Federal Reserve raised interest rates by half a point Wednesday, and the Dow Jones Industrial Average index fell following the announcement before briefly spiking when Fed Chairman Jerome Powell said that he wouldn't rule out the prospect of a soft landing. J.D. Durkin, host of "TheStreet," joined CBS News to look back on the Fed's work in 2022 and discuss what Americans should expect in the coming year.
#news #federalreserve #interestrates
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