S&P 500, Nasdaq 100 Rocket Higher After Fed Rules Out 75 bps Hikes. Now What?

US STOCKS OUTLOOK POST FOMC: The FOMC raises its benchmark rate by 50 basis points to 0.75-1.00%, in line with market expectations. The bank also announces a plan to begin trimming its massive balance sheet Powell states that there is a path for the economy to soft-land and rules out increasing borrowing costs in 75 …

S&P 500, Nasdaq 100 Rocket Higher After Fed Rules Out 75 bps Hikes. Now What? Read More »