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Fed takes aggressive stance against inflation
Market Matters
English - June 16, 2022 17:17 - 23 minutes - 22 MBInvesting Business News Business News banking emirates finance financialadvice investment Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: May PMIs and what they do (or don’t) tell us about inflation.
Next Episode: Mid-year Investment Outlook Update
The Federal Reserve hiked policy rates by 75bps at its June meeting to try and push back against the inflation weighing on the US economy. With more rate hikes ahead, risks are increasing of a sharp slowdown in growth in the US and a drag on activity in the UAE and the broader GCC.
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