Jan 27, 2022 7:00:00 AM | LGT Navigator
LGT Navigator: The Fed is ready to go
The Federal Reserve (Fed) kept key interest rates unchanged, as expected, but once again signaled quite clearly that, in view of high inflation and the recovery on the labor market, a first rate hike is to be expected in March. Although this step is now anticipated, the hawkish statement of the most important central bank shook stock markets again. In New York, prices turned into the red after initial gains, and in Asia, most indices posted losses, some of them significant.