LOGO
LOGO

TODAY'S TOP STORIES

European Shares Poised For Cautious Start On Fed Rate Worries

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

European stocks are seen opening broadly lower on Monday amid lingering worries about how high the Federal Reserve might raise rates to get inflation down to its 2 percent target.

The dollar gained along with a rise in U.S. Treasury yields, as investors looked ahead to the release of U.S. inflation, retail sales and industrial production data due this week for additional clues on the rate outlook.

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 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

Latest Updates on COVID-19