European markets ended sharply lower on Thursday as stocks tumbled following a severe escalation in tensions in the Middle East pushing up oil prices and triggering inflation concerns. A hawkish tone on inflation by U.S. Federal Reserve Chair Jerome Powell hurt as well.
After leaving interest rates unchanged, Powell said in his post-meeting press conference on Wednesday that the U.S. is seeing “some progress on inflation” but “not as much as we had hoped.”
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Market Analysis
European Markets Close Sharply Lower On Middle East War Worries
2026-03-19 17:47:26
