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Stocks Fall After Fed Chair Warns of Faster Rate Increases

Stocks Fall After Fed Chair Warns of Faster Rate Increases

Update: 2023-03-07
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P.M. Edition for March 7. U.S. stocks fell after Federal Reserve Chair Jerome Powell in testimony to the Senate Banking Committee indicated that the Central Bank could speed up interest-rate increases. Plus, President Biden’s plan to keep Medicare solvent includes increasing tax rates on high earners making over $400,000 a year. Tax policy reporter Rich Rubin joins host Annmarie Fertoli to discuss. 


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Stocks Fall After Fed Chair Warns of Faster Rate Increases

Stocks Fall After Fed Chair Warns of Faster Rate Increases

The Wall Street Journal