European stocks open flat before Fed announcement | Malay Mail

📆 2021/03/17 21:41:00

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LONDON, March 17 — European stock markets opened flat today as global traders awaited the outcome of the US Federal Reserve’s policy meeting later in the day for any comment on inflation concerns. Markets in Asia were similarly little changed. London’s benchmark FTSE 100 index dipped 0.1 per...

📆 2021/03/17 21:41:00
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The German share price index, DAX board, is seen at the stock exchange in Frankfurt January 10, 2018. — Reuters picLONDON, March 17 — European stock markets opened flat today as global traders awaited the outcome of the US Federal Reserve’s policy meeting later in the day for any comment on inflation concerns.London’s benchmark FTSE 100 index dipped 0.1 per cent to 6,797.20 points.

The US central bank wraps up a two-day policy meeting Wednesday and Fed chair Jerome Powell may use the post-meeting news conference to allay market worries about a possible surge in prices as the economy recovers.

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