Fed Sticks With Three-Quarter-Point Increase

Market Pros' React to Fed News | Fedex Earnings Warning: Recession Harbinger or Single-Stock Hiccup? | Free download, The Kiplinger Letter forecast. No information required from you. Created for {EMAIL} | [Web Version]( September 21, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] Federal Reserve [] [Fed Sticks With Three-Quarter-Point Increase]( As expected, the Federal Reserve raised its short-term interest rate by three-quarters of a percentage point, a large hike, but less than some who had expected a full point raise. Chair Jerome Powell continued to emphasize the Fed’s commitment to raising interest rates to slow the economy in order to fight inflation. Either three-quarter or half-point hikes are likely at the November and December meetings, after which the Fed is likely to slow its pace significantly as inflation pressures ease. [READ MORE]( [Free Retirement Tools]( Easily include additional sources of income such as Social Security, rental income, pensions, and windfalls. [READ MORE]( ADVERTISEMENT [] Markets [] [Market Pros' React to Fed News]( With the latest Fed policy decision now on the books, it seemed a fitting time to round up some select reactions from economists, strategists, chief investment officers and the like. Have a look at what some of the pros are saying about Powell & Co.'s 75 bp rate hike, the Fed chief's commentary and the outlook for asset prices in the days, weeks and months ahead. [READ MORE]( [] Earnings Spotlight [] [Fedex Earnings Warning: Recession Harbinger or Single-Stock Hiccup?]( Investors have plenty of worries – chief among them inflation and a potential recession. But the engine that ultimately drives the stock market is corporate profits, which is why the recent earnings preview from FedEx was so unnerving. The key question for every investor is whether the shipping giant is suffering from a company-specific malaise or whether FedEx’s problems are a broad-market bellwether portending widespread doom. [READ MORE]( [Hire a Professional: Compare Up to 3 Financial Advisors That Serve Your Area]( Ready to kick your retirement plan into high gear? Compare fiduciary financial advisors who serve your area. [READ MORE]( ADVERTISEMENT [] Also on Kiplinger [] [Free download, The Kiplinger Letter]( forecast. No information required from you. - [The Power of Debt: It Isn’t All Bad]( - [How to Invest $1,000: Open a Roboadviser Account]( - [The White House Touts A Digital Dollar: What Does That Mean?]( - [Calling All Teachers: You Can Deduct More for School Supplies for 2022]( - [Prosper with the Latest Insights from Practicing Financial Pros in Kiplinger's Building Wealth E-Newsletter -- Free]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include Kiplinger’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s Investing for Income. All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( and [podcasts]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](concat('mailto:',$brief_feedback_email)) | [ADVERTISE]( Future US LLC © 1100 13th St. NW, Suite 1000, Washington, DC 20005