13 min listen
Markets fall after 'hawkish hold' by the Federal Reserve
Markets fall after 'hawkish hold' by the Federal Reserve
ratings:
Length:
16 minutes
Released:
Sep 21, 2023
Format:
Podcast episode
Description
The Federal Reserve left interest rates unchanged but hinted at one more hike in the US this year and that rates will stay higher for longer than market participants had initially thought. Yields are higher and equities lower this morning, with only the US dollar shining. Ronny Kaufmann, CIO Strategy & Investment Analysis, explains that the current expansionary US fiscal policy could make the Federal Reserve's job of balancing monetary policy even harder in the future.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:26 Latest news from the Investment Committee by Ronny Kaufmann (CIO Strategy & Investment Analysis)14:24 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Released:
Sep 21, 2023
Format:
Podcast episode
Titles in the series (100)
Sad news rattles early trading: The shocking news of former Japanese Prime Minister Shinzo Abe being shot injected uncertainty into the early trading session. Thomas Caflisch, Head of FX and Precious Metals Solutions, speaks about the euro, which has hit a 20-year low against the US dol by Moving Markets: Daily News