Dollar Surges/Plunges and S&P 500 Rallies/Drops After Fed Hikes 50bps Raises 2023 Forecast

December 14, 2022 at 07:15PM The Federal Reserve announced its last rate decision of 2022 and it offered the ‘pivot’ that many had expected. A 50bp rate hike ended the pace for four meetings of 75bp through November, but that was expected. The real market impact is found in what the expectations are from the Fed heading into 2023.

Dollar Surges/Plunges and S&P 500 Rallies/Drops After Fed Hikes 50bps Raises 2023 Forecast