European stock markets fell in trading today, Thursday, following the US markets, and this happened after the decision of the Federal Reserve to raise interest rates by 25 basis points.

And by 12:45 Moscow time, the British FTSE 100 index fell by 0.84% ​​to 7503.5 points, and the German DAX index – by 0.51% to 15138.50 points.

The French CAC index also fell by 0.35% to 7106.51 points, according to Bloomberg data.

European stock markets tumbled after the Federal Reserve’s decision to raise interest rates by 25 basis points, as part of its efforts to curb inflation as the United States and Europe are in crisis hitting banks.

Yesterday, American stocks also fell after the decision of the US Federal Reserve, and therefore the fall of European markets follows in the footsteps of the Wall Street stock exchange.

Source: RT + Bloomberg

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Robin Jackson is the editor-in-chief at 24PalNews. As an editor and author who covers business and finance, Robin shares the latest business news, trends, and insights with his extensive audience.

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