US stock market: Wall Street rallies as Fed's Powell nods to easing inflation after rate hike

Investors were mostly focused on the Fed's path forward, as the size of increase for its first policy meeting of the year was in line with expectations after rapid increases in 2022 including a December rate hike of 50 basis points.

from Stocks-Markets-Economic Times https://ift.tt/obVDQev
via IFTTT