Fed holds rates as it warns fight against inflation has hit a bump
The US is not suffering from “stagflation” and is growing well despite stubborn inflation, Federal Reserve chairman Jerome Powell has said.
Source: yahoo.com
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FTSE 100 movers: Smith & Nephew jumps; Haleon in the red
London’s FTSE 100 was down 0.3% at 8,117.38 in afternoon trade on Wednesday.
Source: sharecast.com
Thursday preview: Euro area factory PMIs, StanChart in focus
Investors' attention on Thursday will be on a raft of factory sector purchasing managers' surveys due out in the euro area.
Source: sharecast.com
FTSE 100 drifts lower ahead of latest Federal Reserve interest rate decision
London’s top index finished 22.89 points, or 0.28%, lower to end the day at 8,121.84.
Source: lbc.co.uk
U.K. Market Ends Modestly Lower
European markets were mostly closed on Wednesday for Labor Day holiday. Markets in the U.K. and Denmark, which were open for trading, ended the session on a weak note.
Source: rttnews.com