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Investment Weekly

A hawkish turn
20 March 2026
    Articles

    Chart of the week – A hawkish turn

    Chart of the week – A hawkish turn

    Click the image to enlarge

    It has been a big week for central bank policy decisions. Amid the ongoing energy shock, markets have priced in a more hawkish path for interest rates. This is a logical reaction given that higher commodity prices can boost CPI inflation. This week we examined the risks to growth and inflation, the current policy response, and what it all means for markets.

    Market Spotlight

    • EM resilience in turbulent times

    Lens on…

    • Fortress China
    • Paying dividends
    • Mind the gap

    Read the full commentary PDF, 3.3MB

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