Quality Growth Boutique TwentyFour Asset Management

Expected Fed moves in the remainder of 2022

chelat_ramiz

Ramiz Chelat

Portfolio Manager, Senior Research Analyst

Meet Ramiz

Eoin Walsh

Eoin Walsh

Partner, Portfolio Management

Meet Eoin


| Watch | 4 min

Key takeaways

  • Inflation will remain relatively high, and it will take some time for it to decline
  • Following the Federal Open Market Committee meeting in September we expect further rate hikes
  • It is too early to make a statement on rate cuts by the middle of next year

2022 has been a very special year for investors: Geopolitical tensions on multiple fronts, energy crisis, deglobalization, and shocking inflation data. This has driven central banks into an aggressive monetary policy tightening. Despite their efforts to date, inflation has remained stubbornly high. While inflation of goods is decreasing and supply chain pressures are easing, we do think inflation will remain high and it will take some time for it to decline.

At the recent Jackson Hole symposium, Jerome Powell made it clear that the Fed is determined to bring inflation back to target, meaning higher rates for longer.

Watch Christel Rendu de Lint, Ramiz Chelat, and Eoin Walsh discussing their views on the Fed policy for the remainder of 2022.

 

 

 

The views and opinions herein may change at any time and without notice. Such information is not intended to predict actual results and no assurances are given with respect thereto. Certain information herein is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity of countries, markets and/or investments. We believe such statements, information, and opinions are based upon reasonable estimates and assumptions. Actual events or results may differ materially and, as such, undue reliance should not be placed on such forward-looking information. Vontobel reserves the right to make changes and corrections to the information and opinions expressed herein at any time, without notice.

chelat_ramiz

Ramiz Chelat

Portfolio Manager, Senior Research Analyst

Meet Ramiz

Eoin Walsh

Eoin Walsh

Partner, Portfolio Management

Meet Eoin