2022-11-24 18:10:46

Swiss Market Ends On Firm Note

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RTTNews
By Rtt News Staff Writer

The Switzerland stock market ended on a firm note on Thursday, in line with the trend seen across Europe, amid rising hopes the Federal Reserve will slow down the pace of its interest rate hikes from as early as next month.

According to the FOMC meeting minutes, a majority of policymakers found that a slower pace of interest rate hikes would likely soon be appropriate.

A slower pace in these circumstances would better allow the committee to assess progress toward its goals of maximum employment and price stability.

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