Closing Bell Overtime: Markets End At Session Lows; Evercores Roger Altman Reacts To The Fed Hiking Rates 0.25% 3/22/23

Published: March 22, 2023, 9:22 p.m.

b'Markets tumbled into the close as investors weighed Fed Chair Jerome Powell\\u2019s comments at the press conference after the Fed hiked interest rates 25 basis points. At the same time, Treasury Secretary Janet Yellen testified to a Senate committee that there were no plans for broad increases in deposit insurance. Former Chairman of the Council of Economic Advisers Jason Furman and Evercore\\u2019s Roger Altman reacted to the Fed\\u2019s move while Quadratic Capital\\u2019s Nancy Davis and Jefferies\\u2019 David Zervos digested the market sell off. Plus, Zelman & Associates\\u2019 Alan Ratner on KB Home earnings and Brad Slingerlend, NZS Capital Co-Founder, on trading tech after the Fed.'