💨 Abstract

Markets are pricing in a 55.7% likelihood of the Fed cutting its key policy rate by 25 basis points in March, down from 63.l% on Tuesday. The pan-European STOXX 600 index lost 1.33% and MSCI’s gauge of stocks across the globe shed 1.03%. Yen weakened 0.85% versus the greenback at 148.49 per dollar.

Courtesy: theprint.in