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ECB Unexpected Meeting Sends European Stocks Up.


London, Wednesday, 15 June 2022


After the European Central Bank announced an unplanned meeting today to review current market conditions, particularly the bond sell-off, major European bourses rose about 1% on Wednesday, halting a 6-day losing streak.


Meanwhile, investors await the Federal Reserve's highly anticipated monetary policy announcement later in the day, with many expecting a 75 basis point raise in the federal funds rate.


(Written and edited by: The Decision Maker - Finance editors)