The U.S. Federal Reserve and other central banks have a tough task ahead: get inflation under control, while avoiding a recession. As uncertainty mounts as to whether they will be able to achieve this, markets are also responding with increased volatility - particularly bonds. What is the likelihood that central banks will achieve a 'soft landing' outcome? What will future interest rate hikes mean for investors? This episode, Stu Kedwell, Co-Head of North American Equities, weighs in on markets following the Fed's latest monetary policy decision. (Recorded May 3, 2022)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/what-does-the-feds-rate-hike-mean-for-markets/detail.