Bank of England’s Aggressive Rate Hike Triggers Turbulence In European Stocks: Will The Fed Follow Suit In July?
The Bank of England caught markets off guard by enacting an unexpected 50-basis-point hike in its policy interest…
European Stocks Slip As UK Inflation Accelerates, Central Bankers Remain Hawkish
Negative news flows are trickling out of Europe ahead of Wall Street's opening bell on Wednesday.
All European stock indices traded deeply in the red, as investors panicked after a fresh acceleration of inflation in the U.K. and a deadlock in U.S. debt limit discussions.