US inflation eases further than expected to 3%
Industry commentators still expect a final 25 bps increase at the next FOMC meeting
Industry commentators still expect a final 25 bps increase at the next FOMC meeting
The most notable aspect was the accompanying commentary
The legislation raises the borrowing limit until January 2025
Key events for UK wealth managers for the week starting 29 May
Asia small caps, energy, the Federal Reserve and deglobalisation are some of the areas touched on by industry experts in April
And the areas of the banking sector that look attractive
Jerome Powell is balancing inflation concerns with fears over banks and a recession
Key events for UK wealth managers for the week starting 1 May
Though commentators warn its too early to declare victory with another 25bps rate rise likely
Experts say financial conditions are already tight and summer rate cuts are on the cards
Increase of 25bps reflects fine balance between tackling inflation and protecting banks
The usual consensus on what to expect is nowhere to be found