
Stock Markets Retreat on Revised US Economic Outlook
This is Beirut, 20/03 13:00 - Reading : 3 minute(s)
Major European and Asian stock markets retreated Thursday following a weaker-than-forecast US economic outlook and despite the Federal Reserve trying to calm fears over President Donald Trump's tariffs. Fed boss Jerome Powell on Wednesday suggested that any increase to consumer prices caused by tariffs would likely be short-lived, even as the ...