Real-time updates of the Fed’s big rate decision and Powell’s press conference

The interest rates were raised by the Fed. The rate increase is the greatest in almost three decades.

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The S&P 500 has an average gain of 23.8 basis points after the conclusion of the Federal Reserve policy meeting. The basis point is the difference between the two.

The average Fed meeting day gain is 5.1 basis points.

The person is Sarah Min.

The interest rate announcement is a short time away. The markets are shown in a snapshot.

The S&P 500 is up 1.1% and the Nasdaq is up 1.8%. The average has increased in value.

The 10-year Treasury yield is down. The basis point is the difference between the two.

The price of gold is up about 0.4%.

The dollar is down by about 1%. The euro is down by a small amount.

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Bill Ackman wants the Federal Reserve to act aggressively so it can regain its credibility.

The Fed will make a decision at 2 p.m. on Wednesday. The Fed raises 75 bps, expresses a high level of concern about inflation and inflationary expectations, and makes clear that nothing is off the table for July.

A series of one percentage point increment hikes would be more efficient to ease inflation and the markets can recover sooner.

The name of the person is Yun Li.

The Atlanta Federal Reserve's real-time reading of economic growth fell again on Wednesday, reflecting the slowing U.S. economy and fanning fears of a possible recession.

The GDPNow tracker shows zero growth for the second quarter.

This will be the second quarter in a row with flat or negative GDP growth. GDP growth was negative in the first quarter because of a higher than usual difference between imports and exports.

The Federal Reserve is raising rates despite the fact that the economy is growing at a slower rate. Many on Wall Street are predicting a recession later this year or in the years to come.

The National Bureau of Economic Research's definition of a recession does not include quarterly declines in GDP.

The person is Jesse Pound.

The Fed is expected to raise rates by three-quarters of a percentage point. The funds rate would be raised to a range of 1.5% to 1.75%.

The central bank is expected to reveal its outlook for interest rates through its dot plot. Gross domestic product, inflation and unemployment will be updated by the Federal Reserve.

Inflation is running at its highest pace since 1981 at a time when the Fed is about to raise its rate.

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