The Dow Jones rose 0.23% by close, while the S&P 500 was up 0.36% and the Nasdaq increased 0.35%
Central bankers lowered their growth forecasts for the second half of 2022 and 2023, despite a rebound in GDP during the second quarter of 2022
The Fed is raising interest rates and shrinking its balance sheet to combat the highest inflation in four decades
Increased concerns with rising inflation, ongoing supply chain pressures and the war in Ukraine are leading to greater financial hardships for Americans, the Fed said
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Bitcoin and equities slightly rally on news that Fed rate hikes may be coming in the coming months
With supply chain issues at an all time high, inflationary pressures are likely to persist for some time, Fed officials said
The US Federal Reserve plans to speed up its asset purchase tapering timeline in response to high inflation and an improved labor market
FOMC members are divided about rising inflation and how to respond, November meeting minutes reveal.
Substantial further progress toward maximum employment “all but met,” Fed chair says.