Die jüngste Zinserhöhung der Federal Reserve um 75 Basispunkte wurde von einem differenzierteren Kommentar begleitet. Sie betonte die anhaltende Wachsamkeit bei der Inflationsbekämpfung, räumte aber auch die Verlangsamung in bestimmten Wirtschaftssegmenten ein. An diesem Punkt des Straffungszyklus deutet Powell an, dass es angebracht sei, zu einem stärker datenabhängigen Ansatz überzugehen - eine Erkenntnis, die Risikoanlagen Auftrieb verlieh. Der Wunsch, die Angebotssituation zu verbessern, zeigt, dass die Landung von hier aus schwierig, aber nicht unerreichbar ist. Die Zinssätze werden nun wahrscheinlich in eine Plateauphase eintreten, da der Markt darauf wartet, dass die Fed die Marktpreise einholt. Längerfristig betrachtet, könnte dies auch
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TYZPVOF CAKVJXIG ECYJPXD:
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