Monthly Market Highlights – June 2023
Globally, rising interest rates continue to be the order of the day, as nine developed economies raised rates by a combined 3 740 basis points (bps) in this cycle. Conversely, the US Fed decided to…
The rand and your investments
We look at some of the drivers behind the recent weakening of the rand and touch on separating emotion from investment decisions, especially in times of sharp currency movements
Privado Coffee & Finances – Weekly Update
Within the FOMC statement, the Fed stressed that job gains have been robust in recent months, and the unemployment rate has remained low. In addition, inflation remains elevated.
May 2023 Economic Review
For the 10th time in 14 months, the Fed raised rates by 25 bps to 5%–5.25% to fight inflation. Growth is highest since 2007. BBC News reports, “Higher rates have sharply raised borrowing costs,…