Global Shares Decline as Investors Eye Central Banks for Inflation Clues While Growth Concerns Linger
• Global shares mostly declined after Wall Street had recovered some losses the previous day
• Investors are watching for signals from the European Central Bank policy meeting and conference
• Japan's Nikkei briefly hit a record high before closing down 1.2%
• Fed Chair Jerome Powell said more data is needed to show cooling inflation before rate cuts
• Traders have moved expectations for rate cuts from March to June amid hopes for slowing job growth