BROWN: Well then, I guess I have no more questions. Rates against the president's warning the Dow sinking again. The stock market headed for its worse December since the Great Depression. As you see, it's down about 400 points. CNN's Cristina Alesci is at the New York Stock Exchange. This is the fourth interest rate hike this year. Clearly, investors are not reacting too kindly to it, Cristina.</s>CRISTINA ALESCI, CNN POLITICS & BUSINESS CORRESPONDENT: No, they don't like it. A clear message the market is sending. What this is, is a fight between Wall Street and the president on one side and the Federal Reserve on the other. The Federal Reserve clearly stated yesterday it believes that the economy is strong enough for additional rate hikes. And that is at odds with what Wall Street wants, which is easy, cheap money. They are addicted to it and want that to continue. That frankly helps President Trump' agenda. And he considers economic growth his crowning achievement. But to be clear here, the Federal Reserve was really vague about what it will do going forward. The market took that and became completely pessimistic. There's worried about a number of things. They don't think the tax cuts, the boost the economy got from the tax cuts are long lasting, so that's a real concern here. Also internationally, there are a number of warning signs that the street is seeing and that, perhaps, a wish the Federal Reserve would have picked up on, too. We are seeing slowing global growth, particularly weak economic data out of China, which is an economic powerhouse. So there are several warning signs that point to slower economic growth. Investors here really wanted to see the Fed home in on that. And when the Fed issued that statement, they didn't see it, it's blood on the street right now.</s>BROWN: Yes, we are seeing that play out. Cristina Alesci, thank you so much. Coming up, President Trump set to meet with GOP leaders any moment as a senior White House official tells me that it is possible Trump will not support a short-term measure to avoid a shutdown. That's next.
Market Continues Fall After Fed Raises Rates Despite Trump Warning.