Stock Market News Live Updates: Stocks Rebound As Traders Digest Fed Decision, Powell Remarks

Mar 16, 2022

Stock Market News Live Updates: Stocks Rebound As Traders Digest Fed Decision, Powell Remarks

As investors digested the Federal Reserve's recent monetary policy decision, stocks gained Wednesday afternoon. In a move that had been widely anticipated, the central bank raised interest rates for the first time since 2018.

The S&P 500, Dow, and Nasdaq all recovered in the last 30 minutes of trade after falling immediately after the Federal Reserve's latest policy announcement at 2 p.m. ET. Treasury yields extended their recent rise. The yield curve at one point flipped as the yield on the shorter-term and more policy-sensitive 5-year bond soared above the yield on the 10-year bond.

Investors weighed the Fed's most recent monetary policy announcement, which signaled the start of what is expected to be a number of interest rate rises this year. The central bank increased rates by 25 basis points, in line with market forecasts. Before Wednesday, the Fed had held the benchmark interest rate at zero since mid-2020, using low rates and a variety of other monetary policy measures to keep the economic situation stable throughout the COVID outbreak. The last time the Fed hiked interest rates was more than three years ago.

Fed Chairman Jerome Powell had previously demonstrated to Congress in previous weeks that he would support a 25 basis point rate rise at the Federal Reserve's March meeting, kicking off the process of progressively tightening financial conditions in order to drive demand and inflation down. Additionally, by opting out of a more dramatic 50 basis point rate rise — which some market players had anticipated at the start of the year — the Federal Reserve avoided shocking markets already hurting from Russia's attack on Ukraine.

Additionally, the Fed issued a revised Summary of Economic Projections, or "dot plot," indicating where central bankers believe interest rates and economic growth will likely trend in the near future.

According to the dot plot, the median member of the Federal Open Market Committee believes the Federal Reserve will increase interest rates up to six more times in 2022. And this comes as the median member presently anticipates core Personal Consumption Expenditures — the central bank's main inflation indicator (without volatile food and fuel prices) — to rise 4.1% this year, up significantly from the 2.7% forecast in December. This indicator previously increased by 6.1% on an annualized basis in January. And subsequent readings on consumer and producer inflation have shown an even greater price rise.

The leading indices maintained advances on Wednesday, even though fresh data on retail sales released earlier in the morning revealed a sharper-than-expected slowdown in consumer spending in February, as increasing inflation began to restrict some discretionary buying. Meanwhile, the Russia-Ukraine conflict looked to be gradually improving. At least one Kremlin representative reportedly took an optimistic tone in early Wednesday talks with Ukraine, helping to support markets lately battered by geopolitical tensions. According to Bloomberg, Kremlin spokesman Dmitry Peskov indicated that a plan for Ukraine to be a neutral country while maintaining its military forces "might be regarded as a certain form of compromise."

Energy prices have leveled out after recent rises. West Texas Intermediate crude oil futures quickly fell below $95 per barrel, extending their bear market decline before rallying over 1% intraday. US crude oil prices reached bear market territory previously this week, falling over 20% from recent closing peaks recorded only a week ago. Brent oil, the worldwide benchmark, has been hovering around $100 a barrel.

Subscribe Our Newsletter

A Few Huge Stocks Are Driving the Stock Market Rally. It Could Be a Bad Sign.

Milena

A Few Huge Stocks Are Driving the Stock Market Rally. It Could Be a Bad Sign.

A few large stocks are driving the stock market rally. The average stock is up just 1% this year compared to the S&P 500's 7% gain. Narrow rallies may be less resilient.

Stocks
Yellen: Crypto Regulation Should be Based on Risk
Yellen: Crypto Regulation Should be Based on Risk

In a conference on regulating cryptocurrencies, Treasury Secretary Janet Yellen stated that regulation should be focused on risk rather than innovation, balancing the benefits digital assets may bring to our payment system with the hazards they provide.

Crypto
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Liquidity Provider

What is a Liquidity Provider?
Let's find out what a liquidity provider is and what to consider when choosing a reliable liquidity provider.

discover
What Is ChatGPT, And How Can You Use It?

Tamta

What Is ChatGPT, And How Can You Use It?

Artificial Intelligence (AI) has been gradually waving into our daily lives for ages. For instance, Gmail's helpful phrase suggestions or our smartphones' autocorrect features are examples of AI work. However, AI's integration into our lives has never been as profound as today. A major reason for the increasing hype is the introduction of ChatGPT.

Fintech
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It

    Constantine

    Top 5 Liquidity Bridge Providers in DeFi

    Top 5 Liquidity Bridge Providers in DeFi

    Hazem

    Max Funded IUL Explained: Is It a Legitimate Financial Strategy?

    Understanding Max Funded IUL

    Alexander

    Tax Refund Timeline: When Will You Get Your Tax Return?

    how long does it take for tax refund

    Constantine

    Crypto Liquidity — What is it, and How to Measure It?

    What is Crypto Liquidity and How to Measure It?

    Constantine

    AI in Finance: A Game-Changing Trend Shaping the Industry

    AI in Finance

    Hazem

    5 Ways to Make Money with ChatGPT and Build Your Wealth

    Make Money with ChatGPT

    Constantine

    Top AI Companies to Invest in April 2025

    Top AI Companies to Invest in March 2025

    DeepSeek vs ChatGPT: Which AI Technology is Better For You?

    DeepSeek vs ChatGPT: Feature-by-Feature AI Tool Comparison

    Constantine

    Top Solana Meme Coins in 2025: Best Presales and Where to Buy

    Solana Meme Coins 2025

    Alexander

    How Renewable Energy Stocks Can Supercharge Your Portfolio

    How Renewable Energy Stocks Supercharge Your Portfolio

    SEC Crypto Regulations: What Financial Advisors Need to Know

    SEC Crypto Regulations: Insights for Financial Advisors

    Hazem

    The Cup and Handle Pattern – How Trade Using This Bullish Indicator?

    Cup and Handle Pattern – How to Predict Price Breakouts?

    Hazem

    Year-Over-Year (YoY): What It Means? How It’s Used in Finance?

    Year-Over-Year (YoY): How to Calculate Business Performance?

    Constantine

    What is WAGMI and NGMI? Understanding Crypto Slangs

    WAGMI vs. NGMI

    Alexander

    Litecoin Mining Guide: How to Get Started in 2025?

    Litecoin Mining Guide: How to Get Started in 2025?

    Constantine

    What is Thruster (THRUST): An Advanced AMM for the Blast Ecosystem

    Thruster (THRUST): How Does it Revolutionise DeFi?

    Constantine

    How Does Polymarket Work? Detailed Guide

    How Does Polymarket Work? Comprehensive Guide

    Constantine

    Coinbase vs. Сoinbase Pro: Which Platform is Right for You?

    Coinbase vs. Coinbase Pro
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.