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Market Update: Milan Stocks Little Changed on Thursday
The FTSE MIB traded little changed on Thursday, near to a 13-year high hit on June 7th, after Fed officials revealed plans to start hiking interest rates as soon as 2023, which is at least a year earlier than the prior deadline, while inflation and economic growth forecasts for 2021 were revised higher. The more hawkish stance from the US central bank supported stocks in the Italian banking sector. [/s2If]
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