Fed says ‘No’ to pre-emptive rate cuts

The US Federal Reserve kept interest rates unchanged at its policy meeting yesterday and Chair Jerome Powell made it clear that with inflation still running above target, the Fed has no intention of cutting rates pre-emptively. He also warned that if tariff levels remain where they are, then a risk is posed to economic growth and inflation. Dario Messi, Head of Fixed Income Research, provides more insight into the Fed’s decision making and its market impact on today’s show and Norbert Rücker, Head of Economics & Next Generation Research, provides a timely update on the oil market, sharing his insights into the latest market events.

00:00 Introduction: Helen Freer, Investment Writing

00:38 Markets wrap-up: Bernadette Anderko, Investment Writing

06:49 Oil update: Norbert Rücker, Head of Economics & Next Generation Research

10:22 Bond market update post-Fed: Dario Messi, Head of Fixed Income Research

17:36 Closing remarks: Helen Freer, Investment Writing

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