Equities rally on bullish Fed pivot

After the US Federal Reserve yesterday left interest rates unchanged as expected and signalled interest-rate cuts next year, global stocks gained for a sixth straight session and US Treasury yields plummeted. Today it’s the turn of the European Central Bank, the Bank of England and the Swiss National Bank to announce their latest rate decisions, with expectations for a hold in rates across the board. Norbert Rücker, Head of Economics & Next Generation Research, shares with us his key takeaways from COP 28 and his current views on the energy transition.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Jonti Warris (Investment Writing)05:46 COP 28 by Norbert Rücker (Head of Economics & Next Generation Research)10:36 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.