World Shares Decline After Fed Warns of Higher Rates to Come
A currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, on Dec. 15, 2022. Ahn Young-joon/AP Photo
BANGKOK—Shares skidded in Europe and Asia on Thursday after a retreat on Wall Street by investors dismayed over the Federal Reserve’s warning that still more interest rate hikes are in store following its latest increase.
