Signs Fed may get aggressive roil investors

Uncertain times: A specialist at the New York Stock Exchange working on the trading floor as trading remained choppy with the Fed expected to signal plans to raise interest rates today. — AP

NEW YORK: Rising expectations that the Federal Reserve (Fed) will this week raise interest rates by more than previously forecast unsettled investors on Monday, sending the S&P 500 tumbling to confirm a bear market and intensifying fears over the economic outlook.

The Fed meets today following data last week showing that the United States consumer prices rose at their fastest pace since 1981.