18 Sep SE Asia Stocks-Fall ahead of Fed meet; Philippines down 1 pct
By Binisha Ben
Sept 19 (Reuters) – Southeast Asian stock markets fell on
Tuesday, tracking broader Asia, as investors awaited the outcome
of the Federal Reserve meeting for clues on U.S. monetary
policy, while Philippine shares retreated 1 percent from a
record close.
The Fed is expected to take another step toward policy
normalization at a two-day meeting beginning later on Tuesday,
and announce plans to begin unwinding its $4.2 trillion
portfolio of Treasuries and mortgage-backed s
Sept 19 (Reuters) – Southeast Asian stock markets fell on
Tuesday, tracking broader Asia, as investors awaited the outcome
of the Federal Reserve meeting for clues on U.S. monetary
policy, while Philippine shares retreated 1 percent from a
record close.
The Fed is expected to take another step toward policy
normalization at a two-day meeting beginning later on Tuesday,
and announce plans to begin unwinding its $4.2 trillion
portfolio of Treasuries and mortgage-backed s
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