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Stock exchange in Frankfurt: Dax stable before interest rate decision in the USA

Stock exchange in Frankfurt: Dax stable before interest rate decision in the USA

Before the key interest rate decision by the US Federal Reserve, the Dax remained stable on Wednesday. The leading index was last listed at 15,195.03 points. The MDax of medium-sized stock market stocks recorded a small minus 0.07 percent to 26,998.57 points in the morning in the middle of the week. At the same time, the leading eurozone index, the EuroStoxx 50, was also almost unchanged at minus 0.08 percent at 4178.05 points.

Before the key interest rate decision by the US Federal Reserve, the Dax remained stable on Wednesday. The leading index was last listed at 15,195.03 points. The MDax of medium-sized stock market stocks recorded a small minus 0.07 percent to 26,998.57 points in the morning in the middle of the week. At the same time, the leading eurozone index, the EuroStoxx 50, was also almost unchanged at minus 0.08 percent at 4178.05 points.

After the banking turmoil, the emergency takeover of Credit Suisse by UBS had recently acted as a balm, as had the US government’s promise to mobilize further aid for ailing banks in the country if necessary. But now all eyes are on the Fed. The central bank will announce its interest rate decision in the evening.

Source: Stern

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