US stocks sharply fall as Fed signals reduced economic stimulus in 2025

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The story "US stocks sharply fall as Fed signals reduced economic stimulus in 2025" was covered 11 hours ago by Business Mirror, a news publisher based in Philippines.

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US stocks sharply fall as Fed signals reduced economic stimulus in 2025 - Business Mirror

Quick Summary:

NEW YORK—US stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the US economy in 2025 than earlier thought.

In stock markets abroad, London’s FTSE 100 edged up by less than 0.1 percent after data showed inflation accelerated to 2.6 percent in November, its highest level in eight months.

On Wall Street, stocks of companies that can feel the most pressure from higher interest rates fell to some of the worst losses.