Please upgrade your browser

We take your security very seriously. In order to protect you and our systems, we are making changes to all HSBC websites that means some of the oldest web browser versions will no longer be able to access these sites. Generally, the latest versions of a browser (like Internet Explorer, Google Chrome, Apple Safari, etc.) and an operating system family (like Microsoft Windows, MacOS) have the most up-to-date security features.

If you are seeing this message, we have detected that you are using an older, unsupported browser.  

See how to update your browser

Pre-emptive policy action

The G7 pledged to use “all appropriate policy tools” to support growth, ahead of an unscheduled interest rate cut by the US FOMC.
04 March 2020
    Read in PDF formatEnglish, PDF, 298.09KB
    Print this article

    Do you find this useful?

    Key takeaways:

    • Last week, risky asset classes experienced one of their worst weeks in recent years
    • The G7 pledged to use “all appropriate policy tools” to support growth, ahead of an unscheduled interest rate cut by the US FOMC. Nevertheless, significant uncertainty remains
    • A reasonable middle-ground scenario may be that COVID-19 remains present through much of 2020, but outbreaks are controlled. Global growth is likely to remain subdued in this scenario, with a mild global recession still a risk
    • We maintain a moderate pro-risk investment strategy. But at this point we want to build up portfolio resilience against the increased downside risks to global growth

    Getting started
     

    Learn more about HSBC funds

    Find out how to invest

    Individual investors

    Fund center

    Contact us

    Financial intermediaries

    Fund center

    Contact us

    Institutional investors

    Contact us

    Want to stay connected with us?

    Subscribe to our newsletter now