{"id":24998,"date":"2022-08-19T09:02:38","date_gmt":"2022-08-19T09:02:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/19\/cac-40-declines-amid-uncertainty-over-feds-rate-hikes\/"},"modified":"2022-08-19T09:02:38","modified_gmt":"2022-08-19T09:02:38","slug":"cac-40-declines-amid-uncertainty-over-feds-rate-hikes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/19\/cac-40-declines-amid-uncertainty-over-feds-rate-hikes\/","title":{"rendered":"CAC 40 Declines Amid Uncertainty Over Fed&#8217;s Rate Hikes"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks declined on Friday as investors fretted about a worsening energy crisis in Europe, soaring inflation and its impact on economic growth. <\/p>\n<p>Inflation and recession returned to the fore after German producer prices in July saw their highest ever increases both year-on-year and month-on-month.<\/p>\n<p>German bond yields hit multi-week highs amid an uncertain outlook for the <span class=\"landLinks\">economy<\/span>. <\/p>\n<p>The yield on the benchmark 10-year U.S. government bond shot back closer to the 3.0 percent threshold in the wake of mixed signals from the Federal Reserve officials on the pace of future interest-rate hikes. <\/p>\n<p>The benchmark CAC 40 was down 46 points, or 0.7 percent, at 6,511 after closing half a percent higher on Thursday. <\/p>\n<p>Catering and food services group Sodexo fell over 2 percent after Jefferies cut its rating on the stock. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Declines Amid Uncertainty Over Fed&#8217;s Rate Hikes<\/a><br \/>\n<br \/>2022-08-19 09:02:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks declined on Friday as investors fretted about a worsening energy crisis in Europe, soaring inflation and its impact on economic growth. Inflation and recession returned to the fore&#8230;<\/p>\n","protected":false},"author":2,"featured_media":24999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-24998","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/24998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=24998"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/24998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/24999"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=24998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=24998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=24998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}