US Federal Reserve poised to hike rates as stocks move into correction phase
Wall Street's three main benchmarks have all lost 10% from recent highs.
Nevil Gibson Mon, 17 Dec 2018
The US Federal Reserve is widely expected to raise short-term interest rates at its final policy meeting this week, dealing a further blow to global sharemarkets that are deep in correction territory.
Stocks fell further at the end of last week when China reported weak industrial production and
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