When the pandemic took hold nearly two years ago, policymakers in Washington determined to err on the side of delivering too much assist rather than too little — and a few analysts say the trade-offs of that decision have gotten evident. Investors had been already cautious because the Federal Reserve indicated it was getting ready to remove financial stimulus as it focuses on fighting inflation. Markets in Europe swung between positive aspects and losses, with the Stoxx Europe 600 ending the day up 0.7 p.c.
