Perspectives: Episode 62 – Powell’s chilling message to equities – whatever it takes, inflation will come down

<p>In this episode, Escala Partners CIO, Tracey McNaughton, shares her views on US Fed Chair Powell’s “whatever it takes” speech noting it left no doubt – the pain of being too tough on inflation is not as great as the pain that would come from being too soft. Market optimism for rate cuts in 2023 have taken a step back as a result.</p>