NEW YORK, New York - Despite a Fed rate hike of 50 basis points, the biggest increase in 22 years, U.S. stock markets rallied hard on Wednesday.
"It's a testament to how well they messaged, that you deliver a 50-basis point hike and there is not so much as a blink in the market" Simona Mocuta, chief economist at State Street Global Advisors in Boston told Reuters news agency Wednesday. "I would say very increment