European shares fell on Thursday after US Federal Reserve Chairman Jerome Powell signaled a rate hike in March and kept monetary policy tight to curb inflation.<\/p>\n\n\n\n
The pan-European Stoxx 600 index fell 0.6 percent, with most sectors and markets in the region declining.<\/p>\n\n\n\n
After the Federal Reserve’s meeting, Powell said the US central bank would likely raise interest rates in March and confirmed plans to end its bond purchases this month.<\/p>\n\n\n\n
Technology stocks led to losses in European shares, while yields of US two-year treasury bills, which reflect interest expectations, rose to a 23-month high in early Asian trading.<\/p>\n\n\n\n
Shares of French ST Micro Electronics rose 4.7 percent after announcing its intention to double its investments this year.<\/p>\n\n\n\n
Shares in German software group SAP fell 5.6% after it said it planned to buy a majority stake in US financial technology Tolia.<\/p>\n\n\n\n
Deutsche Bank shares rose 4.1 percent after posting its biggest annual profit since 2011 last year.<\/p>\n","protected":false},"excerpt":{"rendered":"
European shares fell on Thursday after US Federal Reserve Chairman Jerome Powell signaled a rate hike in March and kept monetary policy tight to curb inflation. The pan-European Stoxx 600 index fell 0.6 percent, with most sectors and markets in the region declining. After the Federal Reserve’s meeting, Powell said the US central bank would …<\/p>\n","protected":false},"author":9,"featured_media":52473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[8587,6917,6837,8174,7816,8586],"class_list":["post-59143","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-estonia","tag-eu","tag-eurozone","tag-hungary","tag-poland","tag-tax-reform"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=59143"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59143\/revisions"}],"predecessor-version":[{"id":59144,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59143\/revisions\/59144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52473"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=59143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=59143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=59143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}