Monthly Coffee Break

The transatlantic debate on central banks’ monetary policy has evolved to being just a question of timing and magnitude as the odds remain undoubtedly in favour of a soft landing.

Global equity markets steamed ahead, after a hesitant start of the year.

Since the market has incorporated the fact that there would be fewer rate cuts by the Federal Reserve and they would probably come later than expected at the end of 2023, core equity indices have continued to perform well in Northern America and Western Europe.

February was marked by a strong investor preference for risky assets, with equities on both sides of the Atlantic performing well.