Global equities tumble amid expectation of faster growth
In his testimony, Federal Reserve chair Jerome Powell is expected to reiterate a commitment to keeping policy easy for as long as needed
22 February 2021 - 12:58
London — World shares sank on Monday as the expectation for faster economic growth and inflation battered bonds and boosted commodities, while rising real yields made equity valuations look more stretched in comparison.
MSCI’s All Country World Index, which tracks shares across 49 countries, was down 0.4% after the start of European trade...
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