Fed’s peak rate trumps slower hikes, says USB Global
Wealth manager urges investors to prepare for more setbacks before positioning for a sustained turn in market sentiment
27 November 2022 – 16:55
The latest minutes from the recent US Federal Reserve policy meeting lifted market sentiment last week, after it signalled the possibility of a slowdown in interest-rate increases amid prospects of cooling inflation.
This despite analysts warning that it may not be quite as cut and dried as it seems…
Source: businesslive.co.za
