Amid recession concerns, inflation, and high interest rates, investors seek promising investment avenues. Stock enthusiasts believe global interest rates are close to peaking, while central banks watch inflation. The US Federal Reserve raised the federal funds rate to 5.25-5.50% in July, the highest in decades.
The European Central Bank increased rates by 0.25%, and the Bank of Japan hints at a shift from cheap money, adopting a flexible approach to yield control on government bonds.
Amonthep Chawla of CIMB Thai suggests most investors trust the Fed won’t hike interest rates further due to slowing inflation.
The ECB in July raised its policy rate to 4.25%, and the majority of investors believe that the bank will maintain this rate for a while to assess economic risks, according to Amonthep.
Criticism surrounds Japan’s…
