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Global stocks tumble after a hawkish Fed prepares for a March rate hike to battle inflation

3 monthes ago   |   By Business Insider

Federal Reserve chairman, Jerome Powell. Win McNamee/Getty Images
Global stocks slid on Thursday, reacting to the Fed setting the stage for an interest rate hike in March.
A hawkish Fed and Chairman Jerome Powell's greater concern over inflation has sent investors into a tailspin.
The market "has sensed that the ground is shifting under our feet," an investment analyst said.
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Global stocks fell on Thursday after the Federal Reserve signaled it would start hiking interest rates at its March meeting, spooking investors...
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