Traders work on the floor of the New York Stock Exchange in New York, on Wednesday, March 22, 2023. News on the Federal Reserve interest rate hike appears on a monitor in the background. (AP Photo/Seth Wenig)

NEW YORK (AP) — Stocks are veering between gains and losses and Treasury yields are falling after the Federal Reserve announced its latest increase to interest rates in its campaign to drive down inflation. The move was exactly in line with Wall Street’s expectations. The S&P 500 was 0.2% higher Wednesday afternoon. The Dow and the Nasdaq also rose. Indexes had been little changed ahead of the Fed’s decision. The Fed raised its key overnight rate by a quarter of a percentage point, the same size as its last hike. The Fed gave a hint that it may not tighten the screws much more on the economy.