‘Buy Europe’ Trade Returns as Stagflation Fears Ease: Markets Daily

A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026. Federal Reserve officials left interest rates unchanged and were split over whether they expect to raise rates this year. Photographer: Michael Nagle/Bloomberg