Last week’s main event was the FOMC meeting, that envisaged two rate hikes in 2023, in light of the improvement of the macro scenario and of the labour market, and of the progress made on the health front. However, the statements made by the US central bank have not persuaded the markets, as the 2-year rate segment of the curve has started to rise back after staying effectively unchanged for months.
Audio recorded on 21.06.2021