U.S. and European exchanges ended the week in the red on concerns about the global recession

The main American and European stock indices finished the week in the red zone. After a technical rebound on Wednesday, the negative dynamics continued on Thursday and Friday. Fears related to the onset of a global economic recession due to an aggressive raising of interest rates by central banks of various countries continued to prevail on the platforms, Prime news agency wrote.

In the U.S., at the end of Friday trading, the Dow Jones fell by 0.45%, the S & P 500 - by 0.75%, NASDAQ - 0.90%. In Europe German DAX index lost 1.66%, British FTSE 100 - 0.62%, French CAC 40 - 1.31%.

According to the survey carried out by CME Group, the number of analysts who believe that the Federal Reserve will raise the key rate at the forthcoming meeting by 75 basis points makes 74% of the total number of respondents, 26% expect even more aggressive increase - by 100 bps. Such policy raises serious concerns among experts and market participants. As noted by Patrick O'Hare, an analyst at Briefing.com, quoted by France-Presse, the aggressive actions of central banks could lead the global economy to a rather severe recession.