World shares are mixed as markets await a rate decision by the Fed

From Yahoo Finance:

Global markets saw mixed results as Asian shares closed mostly higher while European markets opened lower. Investors are awaiting news from the Federal Reserve about interest rate cuts. In London, the FTSE 100 slipped 0.1% due to lower-than-expected British inflation at 3.4%. Japan’s markets were closed for a holiday, but the Bank of Japan hiked its benchmark interest rate to a range of zero to 0.1%. The U.S. dollar rose against the Japanese yen after the announcement. China left its benchmark lending rates unchanged, and worldwide markets showed varied movements. Investors are closely watching the Federal Reserve for clues on future rate cuts.



Read more at Yahoo Finance: World shares are mixed as markets await a rate decision by the Fed