Wyn Thomas - Axys Investment Management

Weekly Market Commentary 19th October 2018

FEDERAL RESERVE MINUTES HINTS TOWARDS A QUICKER PACE OF RATE HIKES

This week the paranoia over interest rates that has haunted the markets throughout October looks a little more justified, following the release of the
minutes from the September meeting of the US Federal Reserve’s rate setting body, the Open Market Committee. The latest sell was off sparked by
fears that the bank might hike rates faster than expected, and it appears those fears were well founded with several members of the committee pushing
for rates to move into restrictive territory. Read more…