India, Sept. 17 -- European stocks are seen opening higher on Thursday after the U.S. Federal Reserve delivered its first interest-rate hike since July 2023 and suggested rates may need to go still higher to get inflation under control.
According to forecasts published after the meeting, Fed officials expect the federal funds rate to end this year at 4.1 percent, up from the current range of 3.75 percent to 4 percent following the latest 25-bps increase.
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