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US stocks tumble on Fed rate decision and outlook

US stocks tumble on Fed rate decision and outlook

FromFT News in Focus


US stocks tumble on Fed rate decision and outlook

FromFT News in Focus

ratings:
Length:
9 minutes
Released:
Dec 20, 2018
Format:
Podcast episode

Description

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.  For information regarding your data privacy, visit acast.com/privacy
Released:
Dec 20, 2018
Format:
Podcast episode

Titles in the series (100)

News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon.