LOGO
LOGO

TODAY'S TOP STORIES

European Shares Set To Rally After Fed Decision

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

A gap-up opening is on the cards as the Federal Reserve's less hawkish tone lifted investors' appetite for riskier assets and sent yields and the dollar lower.After raising interest rates by 50 basis points and outlining plans to reduce the near $9 trillion balance sheet, the Fed made it clear that larger 75-basis-point increases weren't in play for the next couple of meetings. Fed Chair Jerome Po...

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19