Jerome Powell, chairman of the Federal Reserve. The Fed’s meeting notes showed that officials agreed on slowing the pace of bond purchases later this year. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images European markets declined on Thursday morning in London, pulling back after anxiety shook Wall Street about the potential tapering of bond purchases. The FTSE (^FTSE) was down 2.1% by 9.40am, Germany’s DAX (^GDAXI) was down 1.7% and the CAC (^FCHI) was almost 2.8% lower. Over the… Source link
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