Investors must grapple with a hawkish Fed during a bear market for the first time since the early 1980s
Federal Reserve
Nervy markets ponder whether attempts to curb inflation could lead to much slower growth worldwide or recession
US central bank’s move to reduce $9tn balance sheet comes alongside steep rate rises to tackle persistent inflation
We know from the 1970s that the time to throttle an inflationary upsurge is at the beginning
There’s a big difference between recessionary and non-recessionary bear markets
European shares finish difficult week with a gain
Technology stocks sensitive to interest rates lose their bounce as Fed chief talks tough
Issues of war, epidemics and climate and global food crises need to be addressed by delegates
Some 77% of fund managers expect slow growth and high inflation, survey finds
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