What will be the impact of China’s reopening on commodities and oil? Luke Browne answers
“The Fed might have an opportunity to dial back a little bit on the aggressive rises that we have seen. In that case, we will become accustomed to perhaps a 25 bps hike in February rather than 50 bps. The market might expect green shoots of an easing cycle by the end of 2023. One can see markets moving in a way that will get slightly ahead of the path of central banks’ tightening policies.”
