After the Bell Business Report 3/21/22

If you have any medical debt, your credit score might go up. And the Fed chair promises he’s ready to take on inflation.
A rough start to the week for the Dow, which fell today on losses for shares of Boeing and Home Depot.

The Dow fell 202 points to close at 34,552
The Nasdaq dropped 55
The S&P was finished the day down 2

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Fed chairman Jerome Powell says he’s ready to take tough action on inflation, saying it’s jeopardizing the recovery. Speaking today, Powell says the fed will continue to raise rates until inflation is under control, and could get even *more aggressive than quarter percent rate hikes.

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Your credit score could soon go up. The three big credit reporting agencies are removing nearly 70%of medical debt. That’s billions of dollars. You qualify if you have unexpected medical bills you can’t pay.

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Some stocks on the move:
Boeing shares fell 4% after a 737 with passengers crashed in china. Shares of General Motors fell 3% as Morgan Stanley lowered GM’s price target. And Nielsen Holdings fell 8% after the TV ratings company rejected a $9 billion takeover bid.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.