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A U.S. Rate Rise? Possibly, not Probably

19th February 2024

  • US inflation data worries increase

  • Economist sage Larry Summers urges us not to rule out a rate rise

  • US 10- year bond yield in value territory

  • UK equities get help from the better-than-expected retail sales, but only after a recession in Q4

  • Nikkei within striking distance of its all-time 34-year high  – we retain our positive view


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