Stock Market Today: Stocks Slip After Powell Talks Rate Hikes
by Karee Venema
Mar 21, 2022
1 minute
Stocks' positive momentum faded to start the new week after Federal Reserve Chair Jerome Powell said the central bank is prepared to move "expeditiously" towards tighter monetary policy in order to fight inflation.
"We will take the necessary steps to ensure a return to price stability," Powell said in prepared remarks for a speech today at
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