Stock futures slide on rising U.S. inflation, unemployment, and recession fears

MacDailyNews
Jun 16, 2022, 9:23 am241 pts
U.S. stock index futures fell sharply on Thursday, with growth shares taking the biggest hit, after the Federal Reserve’s biggest rate increase since 1994 to tame rising prices fanned worries of a recession. The Fed on Wednesday matched market expectations by hiking interest rates by 75 basis points. It also…

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