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An up-to-date look at the Financial World

17 Dec

Asia stocks fall as dollar rises after Fed meeting (AP)

Posted in business on 17.12.09

A television screen on the floor of the New York Stock Exchange Wednesday, Dec. 16, 2009 shows the Fed rate decision. The Federal Reserve has decided to hold interest rates at a record low and pledged to keep them there for an 'extended period' to keep the recovery going and drive down double-digit unemployment. (AP Photo/Richard Drew)AP – Most Asian stock markets fell Thursday as the dollar strengthened after the Federal Reserve signaled it would start undoing some of its emergency supports next year as the economic recovery gathers pace.



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