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European Shares Seen Up Even As Fed Minutes Signal More Rate Hikes

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

European stocks are likely to open on a positive note Thursday after the U.S. Fed's minutes from the January 31-February 1 meeting contained no new surprises.

The minutes showed that almost all participants backed a 25-bps hike at the meeting, but a few favored raising rates by 50 basis points to achieve price stability in a timely way.

Asian markets traded mostly higher and U.S. equity futures edged up as investors reprice their interest-rate expectations.

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