Euro holds at 4-year highs, European equities soar on Fed's dovish cut
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Euronews.com
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European markets reacted positively to the US Federal Reserve's interest rate cut, which has lifted investor sentiment and pushed stocks higher. The Fed's decision to lower rates by 25 basis points signals potential further cuts, contributing to a buoyant mood in Europe. Key stocks, particularly in tech and banking, saw significant gains. However, there is some dissent within the Fed regarding the pace of cuts, with some members advocating for a more cautious approach. Overall, the outlook remains optimistic despite concerns about the euro's strength affecting export competitiveness. Teljes cikk (Euronews.com)