India, March 19 -- The euro weakened against other major currencies in the European session on Wednesday, as European stocks were subdued after rising in the previous session on Germany's approval for a massive spending surge.
Bond yields dipped marginally as traders await the Federal Reserve's interest-rate decision, the post-meeting statement, updated economic projections and Chair Jerome Powell's comments for greater clarity on how proposed U.S. tariffs may impact prices and activity.
Global ratings agency Fitch has lowered its global growth forecast and warned that U.S. President Donald Trump's reciprocal tariffs will push up inflation and delay Fed rate cuts.
Meanwhile, amid economic headwinds both at home and abroad, the Bank of En...