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Stocks drop as Wall Street reacts to Fed interest rate decision

A fourth hike this year of 0.25 percentage point was widely expected

Nevil Gibson
Thu, 20 Dec 2018

Stocks on Wall Street plunged immediately after a Federal Reserve interest rate decision to lift official interest rates to between 2.25 and 2.5%.

A fourth hike this year of 0.25 percentage point was expected, though weakness in the housing and auto sectors has stoked fears that tighter

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Nevil Gibson
Thu, 20 Dec 2018
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Stocks drop as Wall Street reacts to Fed interest rate decision
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