Home / Market Update / Global Stock Market / European Stocks Close Lower Following Fed Decision

European Stocks Close Lower Following Fed Decision

European stocks closed lower on Thursday, one day after the US Federal Reserve vowed to maintain interest rates near 0% for around three years.

The pan-European STOXX 600 index closed lower by 0.40%.

Meanwhile, the UK’s FTSE100 declined by 0.47%, and the French CAC40 index fell by 0.69%.

Likewise, the German DAX index settled lower by 0.36%.

Check Also

RBA

RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation

The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …