European shares fall as US rate cut expectations wane; British budget concerns are emerging again

European shares fell on Friday as hawkish commentary from US policymakers dampened expectations of an impending rate cut, while the benchmark STOXX 600 index posted its strongest weekly performance since late September. The pan-European STOXX 600 ended 1% lower at 574.81 points, while banks fell 2.4%. Macro developments in the US were in the spotlight […]