Fed Raises Interest Rate Half a Percentage Point, Largest Increase Since 2000 May 4, 2022 | No Comments 1735 Shares Share on Facebook Share on Twitter Stocks on Wall Street rallied after Mr. Powells remarks, which calmed investors who had begun to worry that the fight against inflation might push the economy into a recession. The S&P 500 jumped… [+2659 chars] Stock Market for Beginners