Shares in Europe rose across the board on Friday as comments from a Federal Rese...
- Shares in Europe rose across the board on Friday as comments from a Federal Reserve official cemented the case for a U.S. interest rate cut this month, with brewer Anheuser-Busch InBev leading blue chip gains after moves to reduce its debt burden.
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 18, 2019. REUTERS/Staff/File Photo New York Fed President John Williams said on Thursday policymakers could not wait for economic disaster to hit before adding stimulus, reviving expectations of a deeper rate cut in July and sparking a rally in shares worldwide
Markets have fully priced in a 25 basis point cut by the Fed this month, but a batch of strong U.S. data recently had dimmed hopes of an aggressive cut and weakened the positive global mood that has driven stock markets higher since May.“The question is not that will a rate cut happen, but will the size of the cut itself will be 0.50 bps instead of 0.
Much of the rally, from what were the sharpest monthly declines in more than two years in May, has been spurred by signals from major central banks that they would take a more accommodative stance to offset the impact of a prolonged and bruising trade war between the United States and China.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
European stocks seen higher on hopes for a Fed rate cutEuropean stocks are set to open higher on Friday as market players increase their bets the U.S. Federal Reserve will cut interest rates this month.
Leer más »
Fed up Puerto Ricans protest, demanding governor Rossello's resignationPuerto Rico’s governor rejects calls for resignation over profane chats he participated in with close advisers
Leer más »
The Fed is acting insane — that’s the economy’s biggest problemDon’t look to politicians to contribute anything but more debt plus inaction on tackling the hard problems.
Leer más »
Fed-up Puerto Ricans march demanding governor resignSAN JUAN, Puerto Rico (AP) — Accompanied by some of Puerto Rico's most famous performers, thousands of people marched to the governor's residence in San Juan on Wednesday chanting demands for Gov....
Leer más »
Philadelphia Fed manufacturing gauge rebounds sharply in July to highest level in a yearThe Philadelphia Fed said Thursday its gauge of business activity in its region rebounded sharply in July after sinking in June to its lowest level in four...
Leer más »