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European markets open slightly lower after Fed signals no more rate hikes this year


Thursday, 21 March 2019 15:28 WIB

EropaIndeks Stoxx Europe 600


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European stocks opened slightly lower Thursday morning, after the U.S. Federal Reserve took a more accommodative stance at its policy meeting.

The pan-European Stoxx 600 was down around 0.2 percent shortly after the opening bell, with most sectors and major bourses in negative territory.

At the end of a two-day policy meeting on Wednesday, the U.S. central bank abandoned forecasts for any interest rate hikes this year amid signs of an economic downturn.The Fed also said it would halt the decline of its balance sheet in September.

Source: Marketwatch


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