Faster tightening by global central banks and withdrawal of stimulus spells trouble for equities
Global central bankers must be feeling caught between the devil and the deep blue sea. On one hand, inflation is wreaking havoc on manufacturers and consumers. And on the other, there is not much clarity on the impact of the Omicron variant of coronavirus yet. As a result, central banks have to make some tough decisions on interest rates and unwinding of stimulus.
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