Recovery potential in the medium-termrisks sliding further. However, this will depend not only on how quickly the Fed hikes its rates in the short-term but on how probable it is that it will stick with high interest rates.”
“We still envisage recovery potential in the medium-term because we expect that the Fed will lower its interest rates slightly again next year in response to a contracting economy.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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