Dusseldorf For the third time in a row, the US Federal Reserve (Fed) has raised interest rates by 0.75 percentage points. Overall, this is the Fed’s fifth rate hike this year. In the future, the key interest rate will be in a range between 3.0 and 3.25 percent. Fed Chair Jerome Powell is reacting to the high inflation rate, which was last at 8.3 percent in the USA.
The currency guardians accept a recession in order to restore price stability. But according to the Fed’s definition, this is only achieved when the inflation rate is two percent. “Despite the tightening of monetary policy, that should not happen anytime soon,” says monetary policy expert Jan Mallien in the new episode of Handelsblatt Today. In an interview with host Anis Micijevic, he also explains how the markets are reacting to the interest rate hike and why the pressure on the European Central Bank is now increasing.
How you can benefit from the “night effect” on the Dax
In addition: All of the Dax profits from the past 30 years were achieved overnight – i.e. while trading was still taking place in the USA and Asia and the market in Germany was at rest. Andreas Neuhaus, Co-Team Leader of Investments & Markets at Handelsblatt, explains how this “night effect” occurs in the Dax and how investors can benefit from it.
More: After the Fed scare: The really good buying prices for investors are yet to come
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