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Us stocks struggled after the fed hiked rates by a half point Cnn’s matt egan asked federal reserve chair jerome powell about concerns over the stock market. The federal reserve raised rates by a half point at the conclusion of its meeting wednesday.
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But today’s meeting could reveal the most dissent inside the central bank since 1993, as president trump ramps up the pressure to cut rates Here’s how to get the most from your cash savings now It’s important to also know how many stocks are doing well versus those that are struggling
But most economists say the effects will be muted or delayed, pointing to the moves the market already made when powell telegraphed in august that rate cuts were coming.
Cnn’s rahel soloman explains why stocks are plunging and what you should do with your portfolio. Stock market data coverage from cnn View us markets, world markets, after hours trading, quotes, and other important stock market activity. For subscribers the fed may cut rates later this year
