HSBC: The Federal Reserve has a hawkish risk and can buy risky assets on the dip
2024-06-12 02:33:45
HSBC said there was some risk of hawkishness at the Fed meeting. However, any subsequent volatility in interest rates is not expected to "spike to last year's levels, let alone 2022 levels". Any weakness in risk assets will therefore be short-lived. The Fed's hawkishness may provide a good tactical entry point back into risk assets.
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