When can investors expect inflation to fall and central banks to ease the pressure on interest rates? This was the question that dominated stock markets in the US, UK and eurozone in 2023.
After the US Federal Reserve raised rates to tackle soaring inflation, investors agonised over whether the Fed had done enough to tame rising prices. Or had it, in fact, overdone its approach, risking a painful recession?
At the end of 2023, it appears markets have drawn their own conclusions, by and…
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