{"id":25147,"date":"2022-08-24T09:03:12","date_gmt":"2022-08-24T09:03:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/24\/european-shares-struggle-for-direction-amid-fed-rate-path-uncertainty\/"},"modified":"2022-08-24T09:03:12","modified_gmt":"2022-08-24T09:03:12","slug":"european-shares-struggle-for-direction-amid-fed-rate-path-uncertainty","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/24\/european-shares-struggle-for-direction-amid-fed-rate-path-uncertainty\/","title":{"rendered":"European Shares Struggle For Direction Amid Fed Rate-path Uncertainty"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks struggled for direction on Wednesday as investors braced for a hawkish message from the Federal Reserve at this week&#8217;s Jackson Hole symposium.<\/p>\n<p>Lingering worries over U.S. rate hike plans weighed on sentiment after Minneapolis Federal Reserve Bank President Neel Kashkari said the Fed needs to be more aggressive to control inflation.<\/p>\n<p>He expects the Fed to need to lift its policy rate, now at 2.25-2.5 percent, another two full percentage points by the end of next year.<\/p>\n<p>Investors also await minutes of the ECB&#8217;s last policy meeting, which might provide additional hawkish signals.  <\/p>\n<p>The benchmark CAC 40 was marginally lower at 6,356 after closing 0.3 percent lower the previous day. <\/p>\n<\/p>\n<p>Market Analysis<\/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 \/>European Shares Struggle For Direction Amid Fed Rate-path Uncertainty<\/a><br \/>\n<br \/>2022-08-24 09:03:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks struggled for direction on Wednesday as investors braced for a hawkish message from the Federal Reserve at this week&#8217;s Jackson Hole symposium. Lingering worries over U.S. rate hike&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-25147","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25147","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=25147"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/25148"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=25147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=25147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=25147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}