The Federal Reserve’s return to interest rate hikes has strengthened perceptions of its willingness to prioritise inflation control, but uncertainty remains over how far rates may ultimately rise, according to a report by Reuters.
Hedge funds and other investors are facing a more challenging backdrop as a result as they navigate fixed-income and risk assets.
The Fed raised its benchmark interest rate by 25 basis points on Wednesday to a range of 3.75% to 4%, marking its first increase since 2023...
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