Weekly Market View (18 June 2021): A more confident Fed

18/06/2021 11 min
Weekly Market View (18 June 2021): A more confident Fed

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Episode Synopsis

The Fed’s upgrade of US growth and inflation estimates and bringing forward of rate hike expectations to 2023 signals its growing confidence in the outlook for the economy. We believe a sustained economic recovery, a transitory bout of inflation and a still-accommodative Fed well into 2023 support our view that stocks will continue to outperform bonds and cash over the next 6-12 months.Speakers: Marco Iachini, Cross-Asset Strategist, Standard Chartered BankSteve Brice, Chief Investment Officer, Standard Chartered Bank