Stocks rallied after the Federal Reserve approved a "hawkish cut" at the conclusion of Wednesday's meeting, as was widely expected. But it was a number of other news items coming from the central bank that added to investors' confidence in the market outlook. Here are some of the items coming out of the Fed , its summary of economic projections, as well as Fed Chair Jerome Powell's post-meeting news conference that are bullish for the stock market. The Fed said it will resume buying Treasury securities, with purchases expected to remain "elevated" for a few months before it will likely be "significantly reduced." In his post-meeting remarks, Powell gave considerable attention to a weaker labor market that suggested the central bank will shift to supporting the economy. The Fed chief just a
Why the stock market rallied so much on the Fed. Time to bet on a year
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