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6.2

BofA: US rate hike in two weeks would hit European stocks

Bank of America warns that a US interest rate hike, now more likely after Friday's strong jobs report, would trigger a decline in European equities. The report reflects growing market conviction of a near-term Fed move, though the hike is not yet certain.

Dagens Industriabout 2 hours agoUS, SECredibility 26%View source

Score Breakdown

Mosaic Score6.2
Confidence0.5
Significance0.5
Source credibility0.3

Intelligence Tags

#interest rates#equities#fed#bank of america#europe

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