Global stock markets faced a downturn on Monday as mounting concerns over rising inflation and potential interest rate hikes weighed on investor sentiment. The US’s S&P 500 and Dow Jones Industrial Average both dipped by more than 1%, while the EU’s Euro Stoxx 50 fell by 1.5%. In Asia, Japan’s Nikkei 225 closed 3% lower, marking its biggest drop since February. The UK’s FTSE 100 also saw a loss of 2%. Experts are attributing the sell-off to fears that central banks may need to tighten monetary policy sooner than anticipated to combat inflation. The uncertainty has led to increased volatility in global financial markets, with investors closely monitoring economic data and central bank announcements for clues on future policy decisions.


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