US stocks tumble on rates news

Disappointed investors sent stocks tumbling today after the Federal Reserve said it would keep to its policy of raising interest rates at a ”measured” pace.

US stocks tumble on rates news

Disappointed investors sent stocks tumbling today after the Federal Reserve said it would keep to its policy of raising interest rates at a ”measured” pace.

As expected, the Fed also raised short-term rates for the ninth time in a year.

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