Fed hikes rates for the first time in three years

The Fed raises rates by a quarter point to 3.75%-4%. (0:14) Dot plot signals at least one more rate hike this year. (0:43) Stocks tumble as Treasury yields and the dollar surge. (1:51)

Show Notes
‘Dose of accommodation’ removed: Warsh

Episode transcripts seekingalpha.com/wsb.

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