European markets were poised to open higher as investors digested the U.S. Federal Reserve's first interest rate cut in four years.

Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.

By Shubham Batra (Reuters) -European shares edged lower on Wednesday, as investors stayed on the sidelines ahead of an all-important interest rate decision by the U.S. Federal Reserve that could mark the beginning of a monetary-easing cycle in the world's largest economy.

Today could see the first US interest rate cut in over four years. Mark David Hartley considers how this could affect local FTSE shares. The post How will FTSE shares react to today’s Fed rate cut decision in the US?