FP Video looks at where markets and the economy are headed
Chair Jerome Powell and fellow policymakers lifted the Fed’s target for its benchmark rate by a quarter percentage point to a range of 4.5 per cent to 4.75 per cent this week. Photo by Drew Angerer/Getty Images The U.S. Federal Reserve raised its benchmark rate this past week by 25 basis points. Though chair Jerome Powell said more hikes were to come, he also acknowledged the “disinflationary” process may have begun, sparking a market rally.
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Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors FP Video talks to an economist and a chief investment officer about where markets and the economy are heading.
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Higher rates here to stay until 2024 Benjamin Tal, deputy chief economist at CIBC, talks with Financial Post’s Larysa Harapyn about the U.S. Federal Reserve’s latest rate hike and why he thinks rates will stay higher for longer.
Article content ‘Hard lifting’ on inflation still to come Greg Taylor, chief investment officer at Purpose Investments, talks about how investors should position themselves in the “incredibly volatile time” to come.
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