The euro falls below $1.15 after the Fed raised interest rates
World1 source1 country🔦 Under-reported31m ago
The United States Federal Reserve has raised interest rates for the first time in three years, citing persistent inflation, and indicated expectations of further rate increases. The decision, reported on September 17, prompted notable movements in international financial markets.
In currency markets, the euro depreciated below the 1,15 dollar threshold following the announcement and the upward revision of the Fed's rate projections. Concurrently, European equity markets responded positively, with the Spanish stock exchange opening with gains of 0.28 percent on the day of the decision.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Infobae (Buenos Aires, Argentina) (AR)Focuses on the European currency drop against the dollar
Infobae (Buenos Aires, Argentina) (AR) (Second snippet)Emphasizes the positive opening of the Spanish stock exchange