Interest rates rise around the world

Fed raises rates by 50 bp Markets were choppy during May as investors’ ongoing preoccupation over inflation was compounded by a raft of interest rate increases. The US Federal Reserve (Fed)  raised its key interest rate by 50 basis points during May to a range of 0.75% to 1%. Fed officials are set to implement … Continue reading “Interest rates rise around the world”

Higher interest rates on the horizon

Global Market Review A positive finish to 2021 Despite the spread of the Omicron variant of Covid-19, major equity markets around the world ended 2021 in positive territory, boosted by mounting hopes that the variant would prove less serious than initially feared. In the US, the Dow Jones Industrial Average Index rose by 5.4% during … Continue reading “Higher interest rates on the horizon”