Weekly Market Update 21st November 2022

November 22, 2022
Molly Stead
Market Updates

It was a mixed week for markets around the world. In the US, investors continue to look
for reasons for the Federal Reserve to slow its interest rate rises. High inflation and poor
economic data in Japan weighed in markets, whilst in China investors balanced their
optimism of a gradual reversal of its zero-covid policies with the negative news of rising
cases. In the UK, all eyes were on Jeremy Hunt’s tax rises and spending cuts as inflation
continues to soar

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