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European Market Updates

European Shares Set To Fall On Hawkish Fed Surprise

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

European stocks may follow global peers lower on Thursday after the U.S. Federal Reserve took the first tentative steps to eventual normalization of its ultra-accommodative monetary policy.

After keeping interest rates steady, the Fed indicated it expects to start raising interest rates in 2023, earlier than previously forecast.

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