Before the Bell | Fed raises interest rates for first time since 2018

Moomoo Breakfast US wrote a column · Mar 17, 2022 05:21

Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock futures fell Thursday morning, following back-to-back days of sharp gains, as investors digested the latest policy moves and projections from the Federal Reserve.

- The U.S. central bank signals the quarter-point increase will be followed by six more increases this year to stop the economy from overheating and combat inflation.

Market Snapshot

U.S. stock futures fell Thursday morning, following back-to-back days of sharp gains, as investors digested the latest policy moves and projections from the Federal Reserve.

Futures tied to the $Dow Jones Industrial Average(.DJI.US)$ dropped 48 points, or 0.14%. Those for the $S&P 500 Index(.SPX.US)$ and $NASDAQ 100 Index(.NDX.US)$ hovered fractionally below the flatline.

Source: Bloomberg

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