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The Fed Raised Rates and Markets Freaked Out

After Jerome Powell’s press conference, all markets reacted aggressively and then swiftly retraced their moves as market sentiment shifted overnight.

Updated Jun 14, 2024, 7:56 p.m. Published May 8, 2022, 2:50 p.m.
(The Scream, undated drawing Edvard Munch, Bergen Kunstmuseum/Wikimedia Commons)
(The Scream, undated drawing Edvard Munch, Bergen Kunstmuseum/Wikimedia Commons)