European Markets Fall Again As War Concerns, Rate Hike Fears Weigh

After a fairly good start Friday morning, the major European markets turned weak and ended the day’s session with notable losses as oil’s climb and concerns that major central banks will soon hike interest rates rendered the mood bearish.

Major central banks, including the Federal Reserve, the European Central Bank and the Bank of England, left their interest rates unchanged but hinted at one or more rate hikes this year to combat inflation.

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