State of Play. 15 June 2023
Crossroads
As the world economy powered into life after restrictions were lifted for the final time, pent-up demand and supply chain disruptions ignited an old enemy – inflation. Ever since, central banks have been playing catch-up and interest rates have risen rapidly. However, as the Federal Reserve meets to discuss the next decision, they face somewhat of a crossroads. What path will they choose and what might that mean for investors?
Santander Asset Management UK’s Senior Investment Specialist, Simon Durling, shares his thoughts in this week’s State of Play.