European shares fall after Fed's statement

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European shares fall after Fed's statement
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European shares fell on Thursday after the U.S. Federal Reserve sent a neutral m...

- European shares fell on Thursday after the U.S. Federal Reserve sent a neutral message on policy and a mixed bag of earnings for the region trickled in.

Fed Chairman Jerome Powell disappointed the doves after the central bank’s Wednesday meeting, signaling little appetite to adjust interest rates anytime soon. The bank sub-index fell after a mixed bag of earnings. The Dutch bank ING Groep NV tumbled after reporting a 6.1 pct decline in first-quarter profits, but France’s BNP Paribas rose 1 percent after its first-quarter net profits beat expectations.

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