European stocks may slump at open on Thursday as the U.S. Federal Reserve delivered a hawkish hold and escalating attacks on Persian Gulf oil-and-gas infrastructure injected new uncertainty into the outlook for oil and gas prices.
After leaving interest rates unchanged, Fed Chair Jerome Powell said in his post-meeting press conference that the U.S. is seeing “some progress on inflation” but “not as much as we had hoped.”
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Business News
European Shares Set To Fall As Gulf Tensions Escalate
2026-03-19 05:41:49
