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Dovish Fed tone drags on global stocks 101 video https://img.vidible.tv/prod/2017-12/14/5a32754d92fdde7457f13445/5a327547f7766f45c1011dc6_o_F_v0.jpg Weakness in bank stocks drags European shares to a downbeat open as financial sectors suffer from a less hawkish than expected tone from the U.S. Federal Reserve. But as Kate King reports, China's central bank has the tightening bug too: nudging up money market rates as authorities seek to rein in high-risk lending. Reuters Studio News Business News 2017-12-14 12:47:16
Dovish Fed tone drags on global stocks
Weakness in bank stocks drags European shares to a downbeat open as financial sectors suffer from a less hawkish than expected tone from the U.S. Federal Reserve. But as Kate King reports, China's central bank has the tightening bug too: nudging up money market rates as authorities seek to rein in high-risk lending.