Global Sell-Off as Investors Fear Persistant Inflation and Higher Rates
Financial markets across the globe experienced a significant decline on Thursday, as anxieties over persistently high inflation and the possibility of continued interest rate hikes by central banks dampened investor sentiment. The decline began in Asia, where major stock indexes plunged. The MSCI broadest index of Asia-Pacific shares outside Japan fell by 1. 2%, extending losses from the previous session. Japan’s Nikkei index also mirrored the downtrend, […]
