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Prospect of more US interest rate rises sends stock markets tumbling

Share markets slumped in Asia on Thursday, and European stocks started the day's trading in the red, after signals from the United States Federal Reserve that it could raise interest rates more than three times in 2022. Fed Chair Jerome Powell said the central bank's policy committee was "of a mind" to start raising rates in March, and that it would be guided by the economic data. FRANCE 24's Business Editor Stephen Carroll looks at the market reaction to the announcements.



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