World stocks rise, dollar dips after Fed’s inflation reassurances
Bounce extends a late recovery in the previous session and interrupts a three-day rout
14 May 2021 - 11:22
London/Tokyo — Global stocks edged higher and the dollar dipped on Friday after US Federal Reserve officials said there will be no imminent move to tighten monetary policy in the world’s biggest economy.
The bounce, extending a late recovery in the prior session, interrupted a three-day rout for stocks globally, amid market jitters over accelerating US inflation...
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