Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rally, Yields Sink on Powell’s Reassurance: Markets Wrap

[CNBC] Fed hikes its benchmark interest rate by three-quarters of a point, the biggest increase since 1994

[Yahoo/Bloomberg] Fed Hikes 75 Basis Points, Powell Says 75 or 50 Likely in July

[CNBC] Here’s what changed in the new Fed statement

[Yahoo/Bloomberg] Oil Falls With Fed Set to Hike Rates Amid Softening US Demand

[Reuters] U.S. home builder sentiment hits two-year low in June - NAHB

[Reuters] Crypto hedge fund Three Arrows Capital addresses liquidation rumours

[Yahoo Finance] Fed: 'Be careful what you wish for' on interest rates, top strategist warns

[Yahoo/Bloomberg] Ukraine Latest: Russia Tightens Energy Grip With Gas Flow Curb

[Yahoo/Bloomberg] Russia Steps Up Energy Wars With Gas Cuts to Europe’s Top Buyers

[WSJ] Chinese Bond Market Records Fourth Month of Foreign Outflows

[FT] ECB to design new bond-buying plan to tackle market turmoil

[FT] Italian bonds rally as ECB signals help for weaker economies