Stephen Miller from GSFM discusses the shift towards the Federal Reserve’s principle of “higher for longer”, which the markets are gradually accepting, viewing this as a synchronisation between the markets and the Federal Reserve. Furthermore, he says the affirmation of the Federal Reserve’s enduring mantra by the increase in the median dot plots, insisting it’s important to pay close attention to inflation and underlining robustness of the US economy, despite the rate hikes.

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Stephen Miller

Stephen Miller is GSFM’s market strategist. His expertise in international economic and policy analysis, as well as domestic and global economic and financial market developments, has resulted in him becoming a regular commentator on central banks, rates and inflation.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.

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