Business

Why stocks rallied with the Fed, even with a more positive rate outlook


Jerome Powell, Chairman of the U.S. Federal Reserve, speaks during a televised news conference following the Federal Open Market Committee (FOMC) meeting in New York, on Wednesday, Dec. 2021.

Michael Nagle | Bloomberg | beautiful pictures

The Federal Reserve has managed a significant transition in its policy outlook from extremely easy to tight without triggering the market fury – so far.

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