European stocks are slightly higher ahead of the outcome of the US central bank rate meeting

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European stocks recorded a slight increase at the beginning of their trading, at a time when investors are awaiting the outcome of the monetary policy meeting of the Federal Reserve (the US Central Bank) on the path to raising interest rates.

After taking a series of support measures to stabilize the banking sector, the European banking index rose 0.2 percent, after achieving a jump of five percent in the past two sessions, when sentiment rose thanks to the acquisition of the Swiss bank UBS on the troubled Credit Suisse bank and coordinated measures. taken by central banks to boost liquidity.

The US central bank is expected to raise interest rates by a quarter of a percentage point later in the day.

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