Global stocks wobble as investors focus on post-pandemic era growth, while bitcoin continues to slide

Global stocks wobble as investors focus on post-pandemic era growth, while bitcoin continues to slide

Global stocks wavered on Tuesday even after a number of key Federal Reserve speakers reminded market participants the central bank would continue to support the economy, leaving investors to focus on the prospects for post-pandemic growth. Futures on the and dipped slightly, while those on the fell 0.3%, suggesting a lower start to trading later in the day. After a more hawkish Fed outlook last week, New York Fed President John Williams offered a more relaxed view on Monday by saying he expects the recent spike in inflation to be temporary. St. Louis Fed President Bullard said the Fed ought to set up its taper so it could be adjusted if necessary, raising the prospect that the pace could change depending on the strength of the economic recovery and inflation outcomes, Deutsche Bank analysts said. But Williams, who expects inflation to return to the Fed's target of 2% next year, said he still sees tapering as "quite a ways off," suggesting it was too soon to change current central bank policy. According to Deutsche Bank, a dispersion of views from the Fed committee is more healthy compared to a year of its coordinated messaging. UBS said the time for investors