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European Shares Set To Open Lower As Powell Speech Looms

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

European stocks are seen opening lower on Wednesday as investors react to cautious comments from Fed officials on the future rate path and await Chair Jerome Powell's speech for further clarity.

Fed Governor Christopher Waller said in a speech on Tuesday that Q3 U.S. GDP growth was a "blowout" performance that warrants a very close eye when thinking about policy going forward.

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