Tag: US Federal Reserve’s rate

  • British FTSE 100 slides after Fed’s decision

    British FTSE 100 slides after Fed’s decision

    London:(IANS) The FTSE 100 index, British benchmark stock market gauge, dropped by 1.34 percent, or 82.88 points, to 6104.11, as the US Federal Reserve’s rate decision highlights weak global economy. The Fed left the benchmark rates unchanged, due to recent financial market volatility and disappointing inflation data. Its assessment of the global economic conditions had…