Investec Focus Radio SA

← Investec Focus Radio SA31 août · 9 min

Macro Monday Ep129: Warsh’s hawkish speech

Macro Monday Ep129: Warsh’s hawkish speech31 août9 min

New Fed chief Kevin Warsh delivered a hawkish speech at the Jackson Hole symposium of central bankers on Friday, leading to a stronger US dollar and increased expectations of rate hikes this year and next year. Investec Investment Management’s Investment Strategist Osagyefo Mazwai examines what this means for the US economy, as well as emerging market currencies like the rand.