Fed Rate Hike Sparks Dollar Surge and Euro Decline
The Federal Reserve of the United States has raised interest rates for the first time since 2023, increasing them by 25 basis points to 4%.
This decision was made unanimously and is aimed at controlling inflation, which remains high despite solid economic growth.
The markets are responding with a stronger dollar and a weaker euro, with the dollar index reaching 100.3 points and the euro falling to approximately 1.146 dollars, near seven-week lows.
The higher interest rates will also put pressure on European stock markets, as investors seek safer assets and may reduce their exposure to equities.