It will be critical to assess how long central banks will maintain high rates.
The current actions of the US Federal Reserve go beyond anything seen in recent history.
‘The Fed is hiking faster and further than it ever has in modern history. What we have seen from the Fed is a severe and sharp hiking cycle,’ PortfolioMetrix SA Head of Investments, Philip Bradford, said during a Boutique Collective Investments webinar.
‘There is a lot of risk of us going back into a disinflationary scenario as inflation comes off a high base.’
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