Slowing growth versus rising rates?

This monthly commentary gives a roundup of global markets and trends.

In this edition:

• Global growth is slowing as the Ukraine crisis weighs on energy markets and China locks down to prevent the spread of the latest Covid strain
• A buoyant labour market provides some hope for stock market investors, with jobless rates in the UK, Eurozone and US below pre-pandemic lows
• Central banks remain committed to raising interest rates in the short term, but there are signs that US inflation is peaking
• Any slowdown in inflation could temper the need for the Federal Reserve to raise rates aggressively

View Investment Outlook