New York Federal Reserve President John Williams has put to rest speculations about rate cuts, stating that it is not a topic of discussion at the moment for the central bank. Williams emphasized that the Fed is primarily focused on the question of whether the monetary policy is sufficiently restrictive to bring inflation down to
Finance
In recent years, the stock market has witnessed the remarkable rise of a small number of giant technology companies, which now hold a significant portion of major indexes such as the S&P 500 and the Nasdaq-100. Notably, five companies, namely Apple, Microsoft, Amazon, Nvidia, and Alphabet, account for approximately 25% of the S&P 500, while
The Bank of England (BoE) has maintained its main interest rate at 5.25%, signaling that monetary policy will continue to be restrictive. This decision comes after three consecutive meetings of keeping the rates steady. However, there were three dissenting members who favored a 25 basis point increase to 5.5%. This move reflects the central bank’s
The global order is rapidly fragmenting, signaling a “new paradigm” in financial markets, according to HSBC Asset Management. This shift is accompanied by heightened recession risks, prompting an increased focus on bonds. In its 2024 investment outlook, HSBC underscores the significant risks posed by tight monetary and credit conditions, leading to a potential adverse growth