European Stocks Slip as Fed Rate Cuts Doubts Weigh on Sentiment
European stocks slipped on Friday, as doubts grew over the Federal Reserve’s ability to cut US interest rates in the face of strong economic data. The Stoxx 600 Index closed 0.2% lower, snapping a two-week run of gains, on expectations the Fed will not cut rates before December. However, it pared an earlier sharp drop … Read more