Fed raises rates, but no longer higher, for longer

Fed raises rates, but no longer higher, for longer

Last week the Fed was faced with the decision of what to do with rates. Containing pressure on US banks was being offset by inflationary pressures. On the day the Fed raised rates by 25bps giving a soft dovish message alongside it. The banking sector remained in...
Fed raises rates, but no longer higher, for longer

Banking Crisis on The Horizon?

Last week we saw elevated levels of volatility and uncertainty. The week before SVB was failing in the midst of a regional banking crisis. Last week we saw the SNB step into backstop Credit Suisse as the troubled lender grappled with a falling share price and a lack...
SVB Outshines Payrolls

SVB Outshines Payrolls

Last week we expected the markets to be all about the data. We had the Fed speaking early in the week which continued the higher for longer theme and the hotly anticipated monthly payrolls were due Friday. However, all this was outshone by the news that SVB bank was...