Stocks and bonds wobble as global economy throws off mixed signals

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Global Economy Noticias

Interest Rates,Global Rates,European Growth

Investors have gone from bracing for a U.S. recession to positioning for the world's biggest economy to keep chugging along. European growth is also better ...

LONDON - Investors have gone from bracing for a U.S. recession to positioning for the world's biggest economy to keep chugging along.

Traders have gone from expecting six or seven Fed rate cuts at the start of the year to two currently. While the European Central Bank is expected to deliver a June rate cut, with inflation in the bloc at 2.4% in April, rate cut bets have also been pared back. Stocks and the economy have a mercurial relationship: sometimes good U.S. data has boosted equities, other times it has dented them. Some strategists believe the jump in U.S. borrowing costs has yet to fully register.

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