MARKET OUTLOOK Where should investors focus during these uncertain economic times?
The latest figures on decreasing inflation seems to have slowed recently, which makes it more likely that monetary policies will remain hawkish in the short run. The US Federal Reserve's recent statement that interest rates will stay high for longer only adds to these expectations. After it was reported that US consumer prices went up in January and that producer prices went up much more than expected, the idea that interest rates need to go up even more is gaining ground.