Traders work on the floor of the New York Stock Exchange on Wednesday. Photo: Getty Images/AFP

US stocks tumble as Federal Reserve raises rates

  • Policymakers raised rates for the fourth time this year and lowered their forecast for hikes next year to two from three
  • Investors had anticipated a less aggressive approach
Topic |   Federal Reserve

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Traders work on the floor of the New York Stock Exchange on Wednesday. Photo: Getty Images/AFP
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