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    Stock Market Today: Stocks Fall as Global Banks Follow in Fed's Footsteps

    by Karee Venema Sep 22, 2022 2 minutes

    Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.

    The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort

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