World markets mixed on worries about Fed plan

Stock markets were mixed Friday as investors turned cautious amid worries the U.S. Federal Reserve's latest move to combat recession in the world's largest economy could lead to rampant inflation.

In afternoon European trading, Britain's FTSE 100 rose 0.1 percent to 3,818.69, France's CAC 40 added 0.1 percent to 2,778.50, and Germany's DAX lost 0.5 percent to 4,024.65.

Banking stocks, which had surged earlier in the week after the Fed announced it would start buying Treasurys to help open up tight credit markets, fell across Europe on Friday. HSBC dropped 18 percent, Barclays slipped 4.4 percent and Dexia lost 9.5 percent.

"I think some of …