Running into the last FOMC we had expected a ‘buy the rumour, sell the fact’ response. We got that, but it was short-lived as slowing global growth fears gave the…

Running into the last FOMC we had expected a ‘buy the rumour, sell the fact’ response. We got that, but it was short-lived as slowing global growth fears gave the…
Heading into the Federal Reserve meeting there was already a very high bar set for a hawkish policy meeting. In the event, the Fed kept to the script. It hiked…