The main Spanish selection, the IBEX 35, opened this Thursday with an increase of 0.63%, after the gains recorded the previous day on Wall Street. The reaction of Spanish investors comes after it was known that the US Federal Reserve (Fed) decided to keep interest rates unchanged, although, later, its president, Jerome Powell, warned that he did not rule out further increases in interest rates. money
At the beginning of the session, the IBEX 35 will reach 9,100 points. It is quoted at 9,128.3 integers after adding 0.63%. The profit for the year reaches 10.93%.
After knowing the decisions of the Fed, which left the rates unchanged for the second consecutive period, now it is the turn of the Bank of England, in a session where the market will also reposition the business results in focus.
The Federal Reserve of deer (Fed) decided to keep interest rates in the target range between 5.25% and 5.5%, the highest since January 2001, as reported this Wednesday. «The Committee (of governors) seeks to achieve the maximum work and one inflation at the rate of 2% in the long term. In support of these objectives, the Committee decided to maintain the target range for the federal funds rate between 5.25% and 5.5%,” the US central bank announced.
In this way, the institution decided to continue it monetary politics for the second consecutive meeting, after the last 25 basis point increase in price of money was held in July.
«The Committee seeks to achieve the maximum work and one inflation at the rate of 2% in the long term. In support of these objectives, the Committee decided to maintain the target range for the federal funds rate between 5.25% and 5.50%, “announced the central bank of the US, without giving further indications on this. subsequent decisions on monetary policy while waiting for the press conference to be offered by the president of the entity, Jerome Powell.
The Ibex 35 closed the session this Wednesday, marked by the holiday of All Saints’ Day, with an increase of 0.64%, leading the choice of Madrid to close the first session of the stock market in November at 9,075 points, on a day of marked by the decisions of United States Federal Reserve (Feed).