Archive for May 9th, 2022

New Overnight Developments Abroad - Daily Update

Equity Sell-Off Intensifies

May 9, 2022

An investor flight to safety gathered further pace amid inflation fears and expectations that central banks will need to speed up their pace of monetary tightening. When the FOMC after its first meeting in 2022 signaled that interest rate increases were coming soon, the thinking was that the central bank would change the rate in […] More