The Spanish stock market closes positively with an increase of 0.41%. The Federal Reserve of the U.S. has approved its first rate hike since 2023.
The Ibex 35 showed positive performance yesterday, with an advance of 0.41%, despite the recent interest rate hike by the Federal Reserve of the United States. According to expansion.com, the Fed's decision, made unanimously, includes projections for an additional rate increase this year.
Although the rate hike does not surprise the market, the restraint in oil prices, which are now below 105 dollars per barrel, provides slight relief to economic projections. This drop in crude prices could help mitigate the inflationary pressures facing the economy.
As for debt interest rates, they remain stable, with the Spanish ten-year bond hovering around 4% and the German bund at 3.50%. This context allows the Ibex 35 to maintain its quotation around 19,600 points.
Futures for Wall Street present an optimistic tone, with technology companies regaining strength in a market that seeks to stabilise after the pressures of recent weeks.
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