The council is holding US Federal Reserve His meeting today, Wednesday, for Discussing interest rate cut After months of continuous interest rate hikes, amid expectations of a rate cut for the first time in more than two years.
Revenues increased US Treasury Bonds Slightly lower on Wednesday as investors awaited the Federal Reserve’s interest rate decision.
According to the American economic network (CNBC), the yield on 10-year Treasury bonds rose by less than one basis point to 3.6474%, while the yield on two-year Treasury bonds reached 3.6046% after adding more than one basis point.
And it was US Federal Reserve It began its monetary tightening policy in March 2022 when it raised the interest rate by 25 basis points to a range between 0.25% and 0.50%, increasing the pace of hikes in 6 subsequent meetings to bring the interest rate to 4.25% and 4.5% by the end of 2022.
In 2023, the US Federal Reserve eased the pace of rate hikes, raising interest rates 4 times and keeping them steady 4 times, bringing the interest rate to 5.25% and 5.5%, the highest levels in 23 years. In 2024, the Federal Reserve kept rates steady. US Federal Reserve Interest rates in 5 consecutive meetings.
European stocks fell at the start of trading on Wednesday, as investors expect the US Federal Reserve to cut interest rates.
The pan-European STOXX 600 index fell 0.17%, while major regional indices also posted negative performance.
The British FTSE 100 index fell by 0.23%, the French CAC 40 index fell by 0.081%, and the German DAX index fell by 0.0035%, according to the American network CNBC.
In the European corporate sector, technology stocks fell by 0.66%, in addition to the decline in the performance of retail companies.