The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market.
The guidance often hints at the expected path of the federal funds interest rate target in advance of a policy change.
That has many people on Wall Street waiting for the central bank to pivot, and bring interest rates back down.
Nonetheless, many experts believe that central bank policy is only one piece of the puzzle.
Watch the video above to learn how the Fed shaped 2022's stock market.