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(Alliance News) - European stock markets to which Milan is no exception are expected to open lower Friday, with trading rooms espousing the narrative that major central banks will keep interest rates higher for longer than previously expected. ....
(Alliance News) - European stock markets opened lower Thursday, following up on the overnight red seen on Wall Street, driven by remarks from U.S. Federal Reserve Chairman Jerome Powell, who indicated the likelihood of further rate hikes due to persisten. ....
(Alliance News) - On Thursday, on the day when the Bank of England s decision on interest rates was expected, major European stock markets showed some pain, especially the FTSE 100. In fact, the BoE raised the benchmark interest rate by 50 basis points. ....