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European Shares Seen Tad Lower On US Debt Ceiling Worries

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

European stocks may open slightly lower on Wednesday as investors parse the latest Fed officials' comments and await news on the U.S. debt ceiling negotiations.

Cleveland Fed President Loretta Mester said on Tuesday that she doesn't think the central bank can hold interest rates steady yet.

However, comments from Chicago Fed President Austan Goolsbee and Atlanta Fed President Raphael Bostic suggested they were leaning toward holding interest rates steady at the central bank's June 13-14 meeting.

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