Decision of the Federal Reserve to Pause Interest Rate Hikes | Interview with Bloomberg Asharq

Asset management must focus on private credit and income-generating investments.

The decision of the Fed to pause interest rate hikes led to market volatility.

The Fed expects three market scenarios. The first is raising interest rates to 5.6% by year end. The second is economic indicators reflecting a soft landing. The third is rising bond yields that might indicate a hard landing. The Fed does not know which scenario will occur. Investors must remain flexible to deal with whatever scenario that might arise.

Christine Lagarde, the President of the European Central Bank, continued tightening to control inflation.

Watch the full interview above.