European markets slump ahead of Federal Reserve minutes

Federal Reserve chairman Jerome Powell. European markets were muted on Wednesday as investors focus on the latest insights into the Fed’s policy tightening. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Federal Reserve chairman Jerome Powell. European markets were muted on Wednesday as investors focus on the latest insights into the Fed’s policy tightening. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

European stocks were in the red on Wednesday as investors focus on fresh western sanctions against Russia over its invasion of Ukraine and the latest insights into the Federal Reserve’s policy tightening.

The FTSE 100 (^FTSE) lost ground after closing higher the previous session,…


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