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Stocks dropped and Treasuries rallied after the central bank defied pressure to refrain from raising rates
More Than One Reason Traders May Have Disliked the Fed’s Message
published Dec 19, 2018, 5:14:57 PM, by Emily Barrett(Bloomberg) — Traders seemed to agree that they didn’t like what they heard from the Federal Reserve at its final meeting for the year, but exactly what caused most offense in markets was less clear. Stocks dropped and Treasuries rallied after the central