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European Shares Set For Cautious Start Ahead Of Fed Decision

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

European stocks may open broadly lower on Wednesday as investors await the Federal Reserve's rate announcement later in the day.

The U.S. Labour Department's report on producer price inflation may also attract attention after the November CPI report pointed to sticky core inflation.

The U.S. central bank is widely expected to leave interest rates unchanged.

That said, the dot plot, a grid of members' projections for the fed funds rate, coupled with Chair Jerome Powell's comments should offer markets more clarity on when the Fed could begin cutting rates next year.

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Global Economics Weekly Update -June 15 - June 19, 2026

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