The unexpected rise in interest rates in Switzerland and the hangover from the Federal Reserve meeting fueled fears of an economic recession. The Nasdaq is down 4% and the major European indexes are down more than 3%.
The joy in the markets did not last long. Sales reappeared yesterday in the stock markets under pressure from renewed fear of recession, after a second reading of the Cabinet’s decision. Fed On Wednesday, interest rates rise Bank of Englandand more
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