Thornburg Investment Management Portfolio Manager Christian Hoffmann in Reuters

GLOBAL MARKETS-Stocks slide but dollar gains as central banks continue inflation battle

Dec 15 (Reuters) – Shares fell globally on Thursday, while the U.S. dollar gained and Treasury yields ticked down, as major central banks hiked interest rates in their final policy decisions of the year.

A day after the U.S. Federal Reserve said it expected rates to stay higher for longer, U.S. retail sales fell more than expected in November, likely payback after surging in the prior month, while the labor market remained tight.

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