With three of the world’s leading central banks meeting this week, Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International says markets are pricing in a convergence of interest rates by developed markets in the coming months. The Fed is expected to cut this week and aggressively into next year, while the European Central Bank is expected to keep rates unchanged and the Bank of Japan is expected to hike. Investec Focus Radio SA
Published on 2 months ago
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