Therefore, it has surprised me that some in the financial markets suddenly believe that the US Federal Reserve will change its plan and hold back on the interest rate increases. Part of my position is based on the current journey across a piece of undescribed land combined with the experience I have gathered for more than 30 years in the financial markets. Moreover, I had my start in the financial markets when the German central bank, the Bundesbank, completely dominated European monetary policy. Before then, I expect continued fear in the financial markets, especially for the risk of recession, as well as the uncertainties arising from the high inflation and the continued interest rate hikes. Peter is an international columnist and speaker on topics about the global financial markets.

Source: Manila Times May 13, 2022 22:20 UTC