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Thin trade in Europe expected on public holiday as Fed rate decision looms

  • 📰 NBCPhiladelphia
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Light trading volumes are expected in Europe Wednesday with only London’s FTSE index open due to the May Day/Labour Day public holiday in the region.

This is CNBC's live blog covering European markets.Nonetheless, global markets are focused on the U.S. Federal Reserve's latest interest rate announcement after the central bank's monetary policy committee concludes a two-day meeting later on Wednesday.to keep the borrowing cost unchanged but investors will closely monitor the post-announcement press conference with Chair Jerome Powell for clues on when that stance might change.

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Trade in Europe expected to be thinner on public holiday but Fed rate decision loomsLight trading volumes are expected in Europe Wednesday with only London’s FTSE index open due to the May Day/Labour Day public holiday in the region.
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