WITH peak interest rates in sight, the countdown is on to when the Federal Reserve( Fed) and other central banks walk markets down the other side of the hill and start cutting rates. History shows the average lag between last hike and first cut is short but has gotten longer since the 1990s, something investors should bear in mind as the global easing cycle comes closer into view. One thing is for sure – the Fed is doing its utmost to dampen market expectations of a quick ‘pivot’ to prevent loos
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星报-商业
2023-08-29 00:00:00.0