{
  "id": 5605043,
  "title": "La subida de tipos de la Fed podría hacer caer un 5% las bolsas europeas",
  "url": "https://urgent.news/2026/09/04/la-subida-de-tipos-de-la-fed-podria-hacer-caer-un-5-las-bolsas",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T16:59:39.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/inversion/2026/09/04/6a9af898e5fdeaee0c8b4578.html"
  },
  "original_language": "es",
  "account": "Un informe de Bank of America sugiere que una subida de tipos de la Reserva Federal en septiembre podría provocar una caída del 5% en las bolsas europeas. The report warns that rising interest rates from the Fed could pressure valuation multiples and result in the European equity market falling by 5%. Economists at the bank expect the Federal Reserve to raise interest rates by 25 basis points at this meeting, and a total of 75 basis points by year-end. While inflation is driven in part by specific factors such as tariffs and Iran, the bank estimates that underlying inflation stands at around 2.5% year-over-year and remains too high compared to the objective. Labor market risks have decreased compared to last year, potentially justifying the past year's cuts based on labor market weakness. A Fed rate hike in September could provide a bullish boost to Treasury bond yields, affecting stock multiples, according to the firm. The American investment bank calculates that a 10-point increase in the real yield on the 10-year U.S. Treasury bond over the past week explains the drop in the European Stoxx 600 index during that period, leaving the index about 2% below its historical maximum in August. Therefore, a Fed rate hike in September is likely to present the risk of further market decline. A bearish scenario would be that a September hike leads to a complete reassessment of Fed expectations, consistent with the base case of 75 basis points of hikes this year, which could add an additional 5% drag to the European equity market due to the pressure of rates on multiples.",
  "summary": "La reunión de la Reserva Federal del 16 de septiembre podría pasar factura a las bolsas europeas, según un informe publicado hoy por Bank of America. Avisa que una subida de tipos de la Fed podría suponer una caída del 5% para la renta variable europea por la presión de los tipos sobre los múltiplos de valoración. Leer",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}