Meriwest Credit Union Announces Partnership with Financial Fitness Association (FFA) to Expand Its Field of Membership
Posted On December 16, 2022
Reuters
Japan’s Nikkei falls to 1-week low on fears of economic slowdown
Japan’s Nikkei share average fell to a one-week low on Friday, tracking the sharp declines overnight on Wall Street, as interest rate hikes by major central banks fuelled fears of an economic slowdown. The Nikkei index lost 1.54% to 27,620 by the midday break, after falling to 28,582.37, its lowest since Dec. 8. U.S. stock indexes closed sharply lower overnight, with each of the major averages suffering their biggest one-day percentage drop in weeks, as fears intensified that the Federal Reserve’s aggressive rate hikes to battle inflation could lead to a recession.
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