Market Watch

Markets brace themselves for another big Fed rate hike

Investors could see an extended period of heightened volatility across risk assets

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It would be an understatement to say that the New York market fell sharply last Tuesday.

The unexpectedly hot August inflation numbers saw Wall Street suffering its worst single-day collapse since June 2020.

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A version of this article appeared in the print edition of The Straits Times on September 19, 2022, with the headline Markets brace themselves for another big Fed rate hike. Subscribe