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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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Nevil Gibson
Mon, 17 Dec 2018
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US Federal Reserve poised to hike rates as stocks move into correction phase
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