The Fed starts tapering but postpones the rate hike, the BoE stands firm against all expectations. Yet Spectrum’s Serix index signals more caution among investors
by Maximilian Cellino
The stock markets dodge the central banks snare for the moment and spend the two days monopolized by the decisions of the US Federal Reserve and the Bank of England essentially unscathed. They therefore continue their winning streak and postpone all doubts about the sustainability of the current post-Covid economic recovery and the threat of inflation, which are not lacking. In fact, Thursday’s session took place along the lines of the previous ones, with new records …
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