{"id":980,"date":"2024-01-18T16:12:42","date_gmt":"2024-01-18T16:12:42","guid":{"rendered":"https:\/\/kme.com.cy\/?p=980"},"modified":"2024-01-18T16:12:42","modified_gmt":"2024-01-18T16:12:42","slug":"global-stocks-drop-as-hopes-fade-for-early-rate-cuts","status":"publish","type":"post","link":"https:\/\/kme.com.cy\/?p=980","title":{"rendered":"Global stocks drop as hopes fade for early rate cuts"},"content":{"rendered":"<p>Global stocks and bond markets retreated on Wednesday as investors scaled back expectations of swift interest rate cuts in the eurozone, the UK and the US.<\/p>\n<p>The worldwide sell-off came after European Central Bank president Christine Lagarde signalled that borrowing costs would come down in the summer rather than spring. 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