Stock Futures Rise After Fed Hike Despite Sell-Off — SkimNews
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- Dow futures climbed in pre-market trading and US stock futures rose after the Federal Reserve announced a rate increase, according to WSJ and Reuters headlines.
- CNBC reported the Fed's rate hike initially sparked a market sell-off, while a separate WSJ headline attributed the decline to Fed official Warsh saying inflation remained "too high".
Why it matters: The split-screen market reaction — futures pointing up while cash markets sold off — shows investors are weighing the Fed's inflation messaging as heavily as the rate decision itself, with Warsh's hawkish inflation remarks doing more damage than the expected rate hike itself.
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