Le Dax gagne 0,6 % après la hausse des taux de la Fed, les valeurs des constructeurs automobiles dominent

The German stock market proved resilient on Thursday after the expected interest rate hike by the US Federal Reserve (Fed), continuing its upward momentum. The DAX rose by 0,6 percent to 25,677 points, while the EuroStoxx 50 also increased by 0,6 percent. The MDax, the index for medium-sized companies, remained largely stable at 31,279 points. The Fed raised its key interest rates for the first time since 2023 in order to combat inflation – a move that initially calmed the markets, as it underlined the central bank's credibility. Analysts such as Michael Heise of HQ Trust expect further interest rate increases by October or December in order to control inflation. At the same time, the decision signalled that the Fed was not only responding to inflation, but also to growing doubts about its own course, which had an impact on the bond market. Critics such as US President Donald Trump, who has long advocated lower interest rates, saw it as a political decision against his calls for a loose monetary policy and possible trade conflicts with the Fed as a result.