Stocks may face challenges as central banks prepare to wind down support

#stocks #centralbanks #stimulus #inflation #interestrates #corporateearnings

Brief article summary:
Global stocks have experienced significant gains in recent months due to central banks' monetary policies. However, there are concerns that these gains may be at risk as central banks prepare to reduce their support programs. The US Federal Reserve is expected to begin tapering its bond-buying program later this year, and other central banks are also likely to scale back their stimulus measures. This could lead to market volatility and a pullback in stock prices, along with rising inflation, which could lead to higher interest rates and reduced corporate earnings.