European markets open sharply lower after Fed talks tapering

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European markets open sharply lower after Fed talks tapering
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European markets seen lower after Fed talks tapering

People walk past the U.S. Federal Reserve building in Washington D.C., the United States, May 21, 2020. U.S.

Federal Reserve Chair Jerome Powell on Thursday said the COVID-19-induced economic downturn has inflicted acute pain across the country, noting that the burden is not evenly spread.LONDON — European markets were lower on Thursday morning as investors digested the latest

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