Global stock markets mostly rise after Fed decision 0 SHARES Share it! Share TweetBy Agence France-PresseMost of the world’s stock markets pushed higher and the dollar rose Thursday as investors embraced the Fed’s view that the US economy is growing solidly but not at imminent risk of overheating. European markets also rose solidly. Powell “was calm and talked about how confident they are that inflation will remain contained,” said Chris Low of FTN Financial. Late Thursday, hours after the Milan market closed, Italy’s populist government agreed on a deficit target of 2.4 percent of gross domestic product in 2019, a number high enough to likely spark conflict with Brussels.

Source: Manila Bulletin September 27, 2018 22:41 UTC