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Stocks, dollar hesitant as traders scale back US rate cut bets

European and Asian stock markets moved mostly lower Monday after a pre-weekend retreat on Wall Street as investors scaled back bets for US interest-rate cuts, fearing Donald Trump’s policies could reignite inflation.Global equity markets have cooled since Trump’s US election win this month, while investor attention has turned to his coming pick for Treasury secretary.All …

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Stocks, dollar mixed as traders scale back US rate cut bets

European and Asian stock markets traded mixed Monday following a pre-weekend retreat on Wall Street as investors scaled back bets on US interest-rate cuts, fearing Donald Trump’s policies could reignite inflation.Global equity markets have cooled since Trump’s US election win this month, while investor attention has turned to his upcoming pick for Treasury secretary.All three …

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