HomeStocks slump, greenback gains as central banks continue inflation battleFederal Reserve Chair Jerome Powell interest rate announcement on the

Federal Reserve Chair Jerome Powell interest rate announcement on the

Screens on the trading floor at New York Stock Exchange (NYSE) display the Federal Reserve Chair Jerome Powell during a news conference after the Federal Reserve announced interest rates will raise half a percentage point, in New York City, U.S., December 14, 2022. REUTERS/Andrew Kelly