Weekly Market View from Realm Investment Management. Week ending 21st January 2022.
Stock-markets were lower last week as concerns over inflation and central banks’ response dominated sentiment. Some analysts are now expecting the US Fed to raise the federal funds target rate by 0.50% in March.
In the UK, Bank of England Governor, Andrew Bailey expressed concerns that inflation might be longer-lasting than originally thought but Christine Lagarde, President of the European Central Bank turned down calls for the ECB to raise interest rates quicker than planned.
Equity weakness has spilled over into the start of this week with declines in equities sharply exacerbated by increasing tension over the situation in Ukraine.
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