Monetary policy

FILE - In this Dec. 11, 2018, file photo, the New York Stock Exchange is bathed in holiday light, in New York. U.S. stocks are slightly lower Thursday morning, Dec. 20, a day after another big plunge rocked markets around the world. Asian and European indexes suffered bigger losses. Stocks have tumbled as investors grow increasingly worried the U.S. could slip into a recession in the next few years. (AP Photo/Mark Lennihan, File)
December 20, 2018 - 3:11 pm
NEW YORK (AP) — Stock prices are tumbling again Thursday as a series of big December plunges has stocks on track for their worst month in a decade. The Dow Jones Industrial Average dropped 400 points, bringing its losses since Friday to more than 1,600 points. The benchmark S&P 500 index has...
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FILE - In this Dec. 11, 2018, file photo, the New York Stock Exchange is bathed in holiday light, in New York. U.S. stocks are slightly lower Thursday morning, Dec. 20, a day after another big plunge rocked markets around the world. Asian and European indexes suffered bigger losses. Stocks have tumbled as investors grow increasingly worried the U.S. could slip into a recession in the next few years. (AP Photo/Mark Lennihan, File)
December 20, 2018 - 2:34 pm
NEW YORK (AP) — Stock prices are tumbling again Thursday as a series of big December plunges has stocks on track for their worst month in a decade. The Dow Jones Industrial Average dropped 500 points, bringing its losses since Friday to more than 1,800 points. The benchmark S&P 500 index fell 2...
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FILE - In this Dec. 11, 2018, file photo, the New York Stock Exchange is bathed in holiday light, in New York. U.S. stocks are slightly lower Thursday morning, Dec. 20, a day after another big plunge rocked markets around the world. Asian and European indexes suffered bigger losses. Stocks have tumbled as investors grow increasingly worried the U.S. could slip into a recession in the next few years. (AP Photo/Mark Lennihan, File)
December 20, 2018 - 1:07 pm
NEW YORK (AP) — Stock prices are falling further on Wall Street Thursday, a day after another big plunge rocked markets around the world. The benchmark S&P 500 index fell about 1.5 percent. It has slumped almost 7 percent in the last six days and is now nearly 16 percent below the peak it...
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FILE - In this Dec. 11, 2018, file photo, the New York Stock Exchange is bathed in holiday light, in New York. U.S. stocks are slightly lower Thursday morning, Dec. 20, a day after another big plunge rocked markets around the world. Asian and European indexes suffered bigger losses. Stocks have tumbled as investors grow increasingly worried the U.S. could slip into a recession in the next few years. (AP Photo/Mark Lennihan, File)
December 20, 2018 - 11:43 am
NEW YORK (AP) — Stock prices are falling further on Wall Street Thursday, a day after another big plunge rocked markets around the world. The benchmark S&P 500 index has slumped more than 6 percent in the last six days and is now 15 percent below the peak it reached in late September. After...
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People walk across an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Dec. 20, 2018. Asian stock markets sank Thursday after the Federal Reserve raised U.S. interest rates and Wall Street dived to a 15-month low.(AP Photo/Kin Cheung)
December 20, 2018 - 7:19 am
LONDON (AP) — Global stock prices fell sharply Thursday after Wall Street plunged in the wake of some fairly hawkish commentary from the Federal Reserve about future U.S. interest rate increases. However, many European indexes have come off their lows amid hopes that the U.S. will open slightly...
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People walk across an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Dec. 20, 2018. Asian stock markets sank Thursday after the Federal Reserve raised U.S. interest rates and Wall Street dived to a 15-month low.(AP Photo/Kin Cheung)
December 20, 2018 - 3:43 am
BEIJING (AP) — Global stock prices plunged Thursday, following Wall Street down after the Federal Reserve raised U.S. interest rates. KEEPING SCORE: In early trading, France's CAC 40 index fell 1.4 percent to 4,709.13 points and Germany's DAX lost 1.3 percent to 10,620,79. London's FTSE 100...
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People walk across an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Dec. 20, 2018. Asian stock markets sank Thursday after the Federal Reserve raised U.S. interest rates and Wall Street dived to a 15-month low.(AP Photo/Kin Cheung)
December 20, 2018 - 1:12 am
BEIJING (AP) — Asian stock markets plunged Thursday, following Wall Street down after the Federal Reserve raised U.S. interest rates. KEEPING SCORE: Tokyo's Nikkei 225 index plummeted 3.2 percent to 20,312.96 and the Shanghai Composite Index dropped 1 percent to 2,523.40. Hong Kong's Hang Seng lost...
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People walk across an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Dec. 20, 2018. Asian stock markets sank Thursday after the Federal Reserve raised U.S. interest rates and Wall Street dived to a 15-month low.(AP Photo/Kin Cheung)
December 20, 2018 - 12:43 am
BEIJING (AP) — Asian stock markets plunged Thursday, following Wall Street down after the Federal Reserve raised U.S. interest rates. KEEPING SCORE: Tokyo's Nikkei 225 index plummeted 3.2 percent to 20,312.96 and the Shanghai Composite Index dropped 1 percent to 2,523.40. Hong Kong's Hang Seng lost...
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Stock trader Michael Milano works at the New York Stock Exchange, Wednesday, Dec. 19, 2018. (AP Photo/Mark Lennihan)
December 19, 2018 - 10:54 pm
BEIJING (AP) — Asian stock markets sank Thursday after the Federal Reserve raised U.S. interest rates and Wall Street dived to a 15-month low. KEEPING SCORE: Tokyo's Nikkei 225 index fell 1.7 percent to 20,631.45 points and the Shanghai Composite Index lost 0.4 percent to 2,538.79. Hong Kong's Hang...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 9:34 pm
WASHINGTON (AP) — The Federal Reserve raised its key interest rate Wednesday for the fourth time this year to reflect the U.S. economy's continued strength but signaled that it expects to slow its rate hikes next year. Despite the forecast for fewer hikes, investors sent stocks plunging once...
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