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Home»World News»MoneyWatch: Market moves on Fed rate hike

World News

MoneyWatch: Market moves on Fed rate hike

By Swave DigestMay 5, 2022No Comments1 Min Read

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MoneyWatch: Market moves on Fed rate hike – CBS News

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The stock market rallied on Wednesday after the Federal Reserve’s announcement that it would raise interest rates by half a percentage point. Chief financial analyst at Bankrate.com Greg McBride joins CBS News’ Tanya Rivero and Mola Lenghi with more.