Indices fall as Central Banks begin tapering

The Bank of England on Thursday became the world's first major central bank to hike interest rates since the pandemic began - to 0.25% from 0.1%. A day earlier, the US Federal Reserve signalled that it is accelerating the reduction of its liquidity programme and then raise interest rates thrice in 2022 to contain inflation.

from Stocks-Markets-Economic Times https://ift.tt/3yEvj9J