US stocks suffered on Wednesday, following a 25-point interest rate hike by the Federal Reserve. Many had hoped the recent collapse of two US banks, indirectly linked to past rate hikes, might stay the central bank’s hand, but to no avail.
Original article: https://www.newswars.com/us-dow-plummets-530-points-after-federal-reserve-hikes-interests-rates-amid-banking-crisis/
