European stocks head for higher open; Fed meeting in focus

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European stocks are expected to open higher Monday as global investors focus on this week's upcoming Federal Reserve meeting.

European stocks look set to start the week on a positive note ahead of this week's Federal Reserve meeting stateside, bucking a more mixed trend inThe Federal Open Market Committee is due to meet on March 16 and 17 and some analysts expect the U.S. central bank to revise up its GDP forecast, following aTuesday and Wednesday's Federal Open Market Committee meeting

Bond pros are also watching to see whether Fed officials will tweak their interest rate outlook, which now does not include any rate hikes through 2023.moved higher in overnight trading and pointed to gains at the open on Monday, continuing last week's rally that led the Dow and S&P 500 to record highs.

 

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