European markets set to open lower as investors weigh Fed's comments and rate hike

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European markets set to open lower as investors weigh Fed's comments and rate hike
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European markets are heading for a negative open Thursday as investors digest the U.S. Federal Reserve's latest interest rate hike.

on Thursday after Wall Street's negative reaction to the Fed's move.

In Europe Thursday, the Bank of England will also be announcing its latest interest rate decision. The meeting comes a day after data was released showing U.K. inflation rose unexpectedly in February. Many analysts expect a 25 basis point hike.

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