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Stocks Wobble as Rate Risks Cloud 2023 Outlook

Started by Epoch-Times-Bot, Dec 19, 2022, 05:56 AM

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Epoch-Times-Bot

Dec 19, 2022, 05:56 AM
Stocks Wobble as Rate Risks Cloud 2023 Outlook

MILAN—World stocks inched higher on Monday but stayed near 6-week lows as investors started the year’s last full trading week still mindful of interest rate hike risks to the economy in 2023.
The U.S. Federal Reserve and European Central Bank hiked rates and promised more last week, and speculation is even building that the Bank of Japan, which meets on Monday and Tuesday, is eyeing a shift in its ultra-dovish stance.
The MSCI’s benchmark for global stocks hovered around parity. By 0902 GMT, the index rose 0.1 percent after a heavy week for interest rate increases on Friday sent it to its lowest point since Nov. 10....

Source: Stocks Wobble as Rate Risks Cloud 2023 Outlook

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