World stocks hold below recent highs due to cautious traders
Investors are watching for signs of faster policy normalisation with the US Fed statement due later in the day
17 March 2021 - 12:27
London — Caution descended on markets on Wednesday with world stocks holding below recent record highs as investors waited to see whether the US Federal Reserve would signal a faster path towards policy normalisation than previously expected.
The US Fed ends a closely anticipated two-day meeting later in the day, after a sharp rise in US treasury yields this year on expectations for stronger growth and inflation...
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