Bank of England votes 6-3 to deliver further 25bps rate hike
As US Federal Reserve makes good on foreshadowing with more aggressive 75bps hike
As US Federal Reserve makes good on foreshadowing with more aggressive 75bps hike
Key events for UK wealth managers for the week starting 13 June
With markets aggressively pricing in Fed tightening, value could be returning to global bonds, says T Rowe Price’s Quentin Fitzsimmons
‘This is going to be a hiking cycle that lasts quite a while’
But one portfolio manager descibes the move as ‘shuffling deck chairs on the Titanic’
But equity investors should not be running for cover just yet
Inflation is expected in an escalation and de-escalation scenario so central bankers have to hold their nerve
Central bank now predicting six more increases in 2022
Key events for UK wealth managers for the week starting 14 March
When the US Fed also pursued an aggressive monetary policy by lowering interest rates and using QE
‘Markets are trusting the Fed to achieve a goal it has proven itself incapable of twice in recent memory’
Four investors mull the events shaping portfolios over the past week