Relevant:
- Fed holds steady, rate-setters now see two hikes this year
- China's trade collapse raises fears of growth slowdown
- World stocks in meltdown over US economy fears
- Fed raises key rate and foresees 2 more hikes this year
- IMF downgrades global growth as fears about Europe and Russia overshadow oil windfall
2018-12-20 — reuters.com
It said "some further gradual" rate hikes would be needed in the year ahead, with policymakers projecting two rises on average next year instead of the three predicted in September.
Although largely in line with expectations, that tweak failed to soothe a cocktail of market fears over slowing world growth, U.S. trade tensions with China, and tightening monetary conditions for companies in the world's biggest economy.
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