US stocks tumble on Fed rate decision and outlook
US stocks tumble on Fed rate decision and outlook

US stocks tumble on Fed rate decision and outlook

FT News in Focus


20.12.2018 • 8 Min.

Investors on Wall Street sent their sharpest response to an interest rate rise since 1994 after the Federal Reserve defied pressure from Donald Trump by boosting rates for the fourth time this year. The FT's senior investment commentator Mike Mackenzie explains the market reaction, as well as what we learned from the Fed's outlook for the US economy. Hosted on Acast. See acast.com/privacy for more information.