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European Shares To Open On Cautious Note Amid Fed Uncertainty

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

European stocks may open flat to slightly lower on Thursday as investors fret over the trajectory of the U.S. economy and the outlook for rates.

Federal Reserve Vice Chair Philip Jefferson on Wednesday said that high uncertainty could warrant an aggressive, rather than a gradual, policy response.

Fed Chair Jerome Powell didn't comment on monetary policy or the economic outlook in prepared remarks at a conference on Wednesday. He will appear again on a panel discussing monetary policy challenges later today.

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