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 Edge, Chrome, 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

Investment Event

Fed leans towards further hikes
15 June 2023
    Articles
    Download the full reportPDF, 997.6KB

    Key takeaways

    • The Federal Reserve left the federal funds target range unchanged at 5.00-5.25 per cent
    • The FOMC’s projections indicate a strong near-term bias towards further policy tightening
    • We continue to argue for a defensive positioning in portfolios given a slowing economy, tightening credit conditions, restrictive monetary policy and too- optimistic consensus GDP and profit forecasts

    Related articles

    Back to top