Investment Insights

Higher for Long

In April’s note titled ‘ or One Last Bitter Pill’, we shared our outlook on the US Fed delivering on a 25 bps rate hike in their recently concluded meeting We believe this could well be the last rate hike in their current rate hiking cycle As such, the focus now shifts to how soon, or if at all, whether we would witness a much awaited Fed Pivot in CY’ 23.

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