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European Shares Poised For Firm Start As Rate Worries Ease

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

European stocks are seen opening on a positive note Friday as worries surrounding aggressive Fed tightening eased.

Christopher Waller and St. Louis Fed President James Bullard, two of the Federal Reserve's most hawkish policymakers, on Thursday signaled support for a second straight 75-basis-point rate hike at the U.S. central bank's policy meeting later this month, alleviating some fears of a 100-basis point hike.

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