Fed hike, Powell’s recession warning roil markets; dollar shoots up

Send us Fan Mail Dot plot signals Fed not done with 75 bps hikes, Powell warns of pain ahead. S&P 500 goes back into bear market, dollar destroys everything in its path. Yen slips past 145 as BoJ doesn’t flinch, but jumps after intervention. SNB hikes by 75 bps, BoE expected to follow suit. Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider...