US stocks tumble on Fed rate decision and outlook

US stocks tumble on Fed rate decision and outlook

By Financial Times

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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