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17.12.21 | Markets slip over 1% as inflation fears return to haunt
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Manage episode 314991122 series 2625216
Content provided by Mint Evening Market Wrap and Mint - HT Smartcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mint Evening Market Wrap and Mint - HT Smartcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Markets were under pressure on Friday after a slew of central bank meetings highlighted the growing threat posed by a spike in global inflation, while fears about the omicron variant of covid-19 added to a cautious mood. The Fed was the centrepiece of a busy week for central bank policymakers, many of which took a more hawkish stance. The Bank of England surprised markets by becoming the first major global central bank to raise interest rates post-pandemic. The BSE Sensex ended at 57,011.74, down 889.40 points or 1.54%. The Nifty closed at 16,985.20, down 263.20 points or 1.53%.
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424 episodes
MP3•Episode home
Manage episode 314991122 series 2625216
Content provided by Mint Evening Market Wrap and Mint - HT Smartcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mint Evening Market Wrap and Mint - HT Smartcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Markets were under pressure on Friday after a slew of central bank meetings highlighted the growing threat posed by a spike in global inflation, while fears about the omicron variant of covid-19 added to a cautious mood. The Fed was the centrepiece of a busy week for central bank policymakers, many of which took a more hawkish stance. The Bank of England surprised markets by becoming the first major global central bank to raise interest rates post-pandemic. The BSE Sensex ended at 57,011.74, down 889.40 points or 1.54%. The Nifty closed at 16,985.20, down 263.20 points or 1.53%.
…
continue reading
424 episodes
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