Global Stock Markets Slide Ahead of Fed Meeting - News Summed Up

Global Stock Markets Slide Ahead of Fed Meeting


FED WATCH: The Fed had been expected to raise interest rates but now appears likely to wait and see how economic changes develop. The central bank's two-day meeting starts Tuesday, with a decision on interest rates Wednesday. In a sign that investors are seeking safe havens, the yield on Germany's 10-year bond fell below zero for the first time ever. Global stocks fell Tuesday as jittery investors awaited the U.S. Federal Reserve's decision on interest rates and worried about Britain's vote on whether to leave the European Union. The bond yields, which drop as bond prices rise, are also under pressure from central banks' ultra-loose monetary policy.


Source: ABC News June 14, 2016 06:08 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */