Powell closes the door for a March rate cut

The Fed held interest rates steady yesterday but pushed back on the prospect of rate cuts in March. US equities took a hit on Wednesday after some of the biggest names failed to live up to high expectations, dragging European markets lower in the afternoon session. Softer price data out of Europe and concerns over a regional US bank led to a rally in bonds. Norbert Ruecker, Head of Macro & Next Generation Research, shares his latest insights on the oil market, and Ronny Kaufmann from our CIO Office talks about the ongoing earnings season.00:00 Introduction by Bernadette Anderko (Investment Writing)00:30 Markets wrap-up by Jan Bopp (Investment Writing)06:11 Commodity update by Norbert Rücker (Head of Economics and Next Generation Research)09:17 Latest from the Investment Committee by Ronny Kaufmann (CIO Strategy & Investment Analysis)14:30 Closing remarks by Bernadette Anderko (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.