https://www.dailyfx.com/news/dow-jones-s-p-500-plunge-on-powell-testimony-is-a-larger-fed-rate-hike-next-20230308.html
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3/8/23 at 12:00am
Organization
DailyFX
Author
Daniel Dubrovsky
The Dow Jones and S&P 500 plunged as increasingly hawkish testimony from Federal Reserve Chair Jerome Powell offered markets a reality check. Is a 50-basis point rate hike the next move?
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