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International Business Times
International Business Times
World
AFP News

European Stock Markets Falter

The dollar weakened after the release of US inflation data and the Federal Reserve's forecast for interest rates (Credit: AFP)

European stock markets faltered Thursday following mixed showings by Asia and on Wall Street, as traders reacted to US Federal Reserve signals that it plans only one interest-rate cut this year.

Paris and Frankfurt were the biggest fallers, shedding more than one percent nearing the half-way stage, with investors continuing to track fallout from shock European Union elections at the weekend.

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