{"id":71049,"date":"2022-08-29T14:14:36","date_gmt":"2022-08-29T10:14:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=71049"},"modified":"2022-08-29T14:14:38","modified_gmt":"2022-08-29T10:14:38","slug":"sharp-decline-in-european-shares-amid-attempts-to-curb-inflation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/sharp-decline-in-european-shares-amid-attempts-to-curb-inflation\/08\/29\/market-updates\/","title":{"rendered":"Sharp decline in European shares amid attempts to curb inflation"},"content":{"rendered":"\n<p>European shares fell sharply on Monday, while bond yields rose after comments from monetary policymakers raised fears of violent measures to curb inflation amid rising recession risks.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index fell 0.8 percent to its lowest level in more than a month, with technology shares falling the most, dropping 1.4 percent. German 10-year bonds jumped 10 basis points to a two-month high.<\/p>\n\n\n\n<p>European Central Bank Governing Council member Isabel Schnabel said on Saturday that central banks should step in to fight inflation, even if it pushes their economies into recession.<\/p>\n\n\n\n<p>This followed a warning from Federal Reserve Chairman Jerome Powell on Friday that the bank would raise interest rates as high as necessary to restrain growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell sharply on Monday, while bond yields rose after comments from monetary policymakers raised fears of violent measures to curb inflation amid rising recession risks. The pan-European Stoxx 600 index fell 0.8 percent to its lowest level in more than a month, with technology shares falling the most, dropping 1.4 percent. German 10-year &hellip;<\/p>\n","protected":false},"author":9,"featured_media":70957,"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":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-71049","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71049","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=71049"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71049\/revisions"}],"predecessor-version":[{"id":71050,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71049\/revisions\/71050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70957"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=71049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}