- June 17, 2022
- Blog , The Trusted Navigator - Bernhard Koepp
Central Banks Find Inflation Fighting Mojo – C.J. Lawrence Market Commentary – June 17, 2022
Markets on Wednesday rejoiced with a nice broad-based rally once the Fed confirmed the 75bps raise to the Fed Funds rate at its regular meeting. Fed Funds now stand at 1.50-1.75%. Even the Swiss National Banksurprised, raising rates by 50bp, a first in 15 years, lifting negative rates from -0.75% to...