The Federal Reserve held interest rates steady on Wednesday. At a news conference after the meeting, Chair Jerome Powell downplayed the likelihood of imminent cuts, emphasizing limited room to ease. The S&P 500 Index slid 1.4% while the US 10-year Treasury yield ended the day at 4.256%, up from 4.201%. On the same day, Brent crude prices had jumped 3.8% to cross USD107/bbl after Israel struck Iran’s South Pars gas field.

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Vis Nayar

Vis Nayar is the Chief Investment Officer and a member of the Executive Management Committee at Eastspring Investments. Vis spearheads Eastspring’s investment platform encompassing equities, fixed income, multi asset and quantitative solutions, and oversees investment offerings across markets.

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