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Global markets steady as central banks signal patience

Investors weigh mixed signals on the path of interest rates

2 min read

Global markets steadied on Friday as major central banks signalled patience on monetary policy, easing fears of abrupt moves on interest rates.

Equity indices held firm while currency markets traded in narrow ranges, reflecting a wait-and-see mood among investors.

Economists said the next round of inflation data would be decisive for the policy outlook.