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European Stocks Slip as Hot US Wage Inflation Fuels Hawkish Bets

European stocks dropped after US wage inflation accelerated, adding to the view that price pressures remain too high and increasing the odds that the Federal Reserve will be in no rush to reduce interest rates.

By: financialpost.com

Apr 30 2024
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European Stocks Slip as Hot US Wage Inflation Fuels Hawkish Bets — European Stocks Slip as Hot US

(Bloomberg) — European stocks dropped after US wage inflation accelerated, adding to the view that price pressures remain too high and increasing the odds that the Federal Reserve will be in no rush to reduce interest rates. Read More

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TransAlta Achieves Commercial Operation of 200 MW Horizon Hill Wind Facility, increasing its United States Renewables Fleet to over 1 GW