Market Report: US Interest Rate Decision Forces Investors to Be Cautious
TL;DR
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The DAX fell by over 0.5 percent to 25,260 points as investors urged caution due to rising oil prices and the expected interest rate hike by the US Federal Reserve. The Fed is anticipated to raise the key interest rate by 0.25 percentage points to 3.75-4.00 percent, a move priced in by the market with 90 percent certainty.
Source: tagesschau.de
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