MarketWatch.com | Top Stories Follow Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds. Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business. https://www.marketwatch.com/story/fed-rate-hike-fails-to-calm-troubled-markets-as-dow-falls-600-points-expect-more-sharp-swings-in-stocks-and-bonds-5ffb55fe?mod=mw_rss_topstories marketwatch.com