Fed’s Hawkish Turn Could Shake Markets | Business and Finance News

The Fed’s hawkish pivot could spell trouble for stocks: despite a strong market this year fueled by corporate profits, Fed Governor Christopher Waller signaled readiness to hike rates to crush inflation—echoing past cycles where S&P 500 and Nasdaq plunged 10% and 15% respectively within three months of the first rate increase. Investors brace for volatility as the central bank’s tightening stance may soon reshape market momentum. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1d0517ea82e0cd4b