Market Review from Realm Investment Management – week ending 16th June 2023
Global stock-markets were higher last week after the US Federal Reserve left interest rates unchanged but the Fed made it clear it plans to hike rates further in months to come. By how much and when will depend on inflation data which will determine “the extent of additional policy firming that may be appropriate.” Chairman Powell said it would probably be “about a couple years out” before rates might be cut.
Full report
https://realmim.com/pound-and-gilt-yield-higher-ahead-of-boe-decision-this-week/
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