Risks still lie ahead
Global Emerging Markets Bond Award
QE has been ‘absolutely critical’
12-month rate of 5.4% beats market expectation of 4.9%.
This month the Fed surprised by moving its dot plot for 2023 to include two rate hikes - a hawkish divergence from the one rate hike that markets were expecting would be signalled.
Two rate hikes now expected in 2023
Beating analysts' expectations