Stocks sink after Fed hikes, Powell gives hawkish outlook

Published: Dec. 15, 2022, 7 a.m.

b'U.S. stocks fell in volatile trading Wednesday after the Federal Reserve delivered its seventh and final interest rate increase of 2022 and Chair Jerome Powell asserted in hawkish remarks that further tightening would come in the new year.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'