Refinitiv Newscasts - Stocks drop as Powell signals Fed not close to done

IAC

02/11/2022 22:45

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_vmmxokaa&referenceId=tag:reuters.com,2022:newsml_RW655902112022RP1_930&pageId=RefinitivNewscasts
Source: Reuters

Description: Wall Street slumped on Wednesday, as comments from Fed Chair
Jerome Powell shattered initial optimism over a Fed policy statement that
raised interest rates by 75 basis points but signaled that smaller rate hikes
may be on the horizon. This report produced by Chris Dignam.
Short Link: https://refini.tv/3U1EsTw

Video Transcript:

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