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BlackRock Commentary: Central bank blitz to hit growth
A flurry of central bank moves last week has revealed that many are ignoring the crushing effect this will have on growth. This dynamic raises serious growth risks, and we now see the U.S. restart of economic activity stalling over the coming quarter.
Notes from the Trading Desk – Franklin Templeton
Last week proved a bruising experience for global financial markets as several central banks raised interest rates and indicated the policy path ahead appears to be one of further tightening.
Liontrust Insights: Markets welcome Federal Reserve’s 75bps hike
The Federal Open Market Committee (FOMC), the US Federal Reserve’s monetary policy setting committee, raised rates to a range of 1.50 – 1.75% last week, a 75 basis points (bps) increase.
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