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Fed hikes again and promises more; Sprite’s green bottle to go

Markets expected the 75 basis point rise but reacted favourably nonetheless.

Bye-bye green: Sprite will no longer be sold in green plastic bottles.

Dita De Boni Thu, 28 Jul 2022

Markets have reacted positively to a much-anticipated 0.75 percentage point rate increase from the US Federal Reserve announced overnight, at the conclusion of the body’s two-day meeting.  

Mid-afternoon on Wednesday in the US, the Dow had gained 245 points, or 0.8%, the S&P500 was up 1.8%, and

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Fed hikes again and promises more; Sprite’s green bottle to go
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