US stocks tumble on Fed rate decision and outlook
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 ...
FT News in Focus · Financial Times
December 20, 20188m 48s
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Show Notes
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.
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