Global shares slip despite US assurance about inflation
Investors should expect an extended period in which interest rates remain below inflation, one analyst says
24 February 2021 - 11:58
London — European shares opened generally higher on Wednesday but world shares remained in the red after a weak Asian session, even after Fed Chair Jerome Powell pushed back against inflation fears.
Falling tech stocks pulled Asian markets lower overnight, as recent gains in US treasury yields put lofty valuations under pressure...
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