Fed Rate Decision Keeps Stock Markets In Check

Fed rate decision keeps stock markets in check

Stock markets in Europe and Wall Street futures eked out modest gains Wednesday ahead of an expected interest rate increase by the U.S. Federal Reserve.

KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was up 0.2 percent at 7,373 while Germany’s DAX was flat at 11,987. The CAC 40 in France was 0.1 percent higher at 4,978. Wall Street was poised for some gains at the open, too, with Dow futures and the broader S&P 500 futures up 0.2 percent.

FED IN FOCUS: The U.S. central bank looks set to raise interest rates by a quarter of a percentage point …

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