US markets shocked by Federal Reserve’s latest move

The Federal Reserve's decision to further raise interest rates, amid record inflation and escalating fears of recession, has shocked American markets. While the central bank says it's trying to stabilize the country’s economy, its chief admitted there's no telling if the measures will actually work. <br> <br>----------------------------------------------------------------------------------------------- <br>Freedom over censorship, truth over narrative. <br>Follow us on Facebook: https://www.facebook.com/RTnews <br>Follow us on Telegram: t.me/rtnews <br>Follow us on Twitter: https://twitter.com/RT_com