Fed remains concerned about inflation and keeps interest rates in 3.50%–3.75% range
Report by Renta 4 European markets opened without any major movements (Eurostoxx futures up 0.1 per cent, S&P up 0.2 per cent, Nasdaq up 0.5 per cent), as did Asian markets (Japan up 1 per cent, South Korea down 1 per cent), as markets digested both Kevin Warsh’s message (which the market ultimately interpreted negatively despite an initial positive reaction) and the mixed results from Microsoft and Meta. All this…
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