About: http://data.cimple.eu/news-article/b80ad9aed46782598fea05ad8414f0126fed7d5240533d1a32f6d3e7

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About: http://data.cimple.eu/news-article/b80ad9aed46782598fea05ad8414f0126fed7d5240533d1a32f6d3e7 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	European stocks rose slightly at the open on Wednesday after Federal Reserve chief Jerome Powell eased market concerns over the timing of higher interest rates. London's benchmark FTSE 100 index gained 0.2 percent to 7,107.31 points. In the eurozone, Frankfurt's DAX 30 climbed 0.1 percent to 15,655.94 points and the Paris CAC 40 won 0.1 percent to 6,617.53. Markets are concerned that strong rises to inflation will cause the Fed and other central banks to raise interest rates faster than expected, impacting the global recovery. But at a congressional hearing Tuesday, Powell stressed that most of the factors pushing prices higher are "areas that are directly affected by the reopening" of the economy. "There's no reason why it should leave a mark on inflation, say, a year or so ahead, because we should be through it, then," Powell said. Analysts saw his comments as the Fed boss downplaying the prospect of rate rises any time soon. bcp/lth
schema:headline	European stocks rise at open as Fed eases rate fears
schema:mentions	United States congressional hearing FTSE 100 Index Eurozone Lewis F. Powell Jr. Frankfurt Federal Reserve Inflation Paris London Jerome Powell CAC 40 DAX
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-06-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	57 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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