{"id":5851,"date":"2022-05-06T16:29:50","date_gmt":"2022-05-06T15:29:50","guid":{"rendered":"https:\/\/sarasinandpartners.com\/row\/?p=5851"},"modified":"2022-11-23T16:48:52","modified_gmt":"2022-11-23T16:48:52","slug":"six-minute-strategy-were-central-banks-asleep-at-the-wheel","status":"publish","type":"post","link":"https:\/\/sarasinandpartners.com\/row\/think\/six-minute-strategy-were-central-banks-asleep-at-the-wheel\/","title":{"rendered":"Six minute strategy &#8211; Were central banks asleep at the wheel"},"content":{"rendered":"<p>Last night, Chairman Powell lifted US interest rates by 0.5%, the first rate rise of this magnitude since 2000. Markets broadly welcome the decision, however, this is aggressive.<\/p>\n<p>In addition, the Fed will start to reduce its vast holdings of US treasury bonds from 30 June at a rate that's almost double what we saw in the previous cycle.<\/p>\n<p>Join Guy Monson as he explores why this aggressive twin track policy is needed, what policy error led to these huge inflation overshoots, and the implications for your portfolio and asset allocation in the months ahead.<\/p>\n<p><div class=\"responsive-container\"><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/Dd8vw0BXOkI\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div><\/p>\n<p><a href=\"https:\/\/sarasinandpartners.com\/wp-content\/uploads\/2022\/05\/Six-Minute-Strategy-6-May-2022.pdf\" target=\"_blank\" rel=\"noopener\">Download Guy's slides<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last night, Chairman Powell lifted US interest rates by 0.5%, the first rate rise of this magnitude since 2000. Markets broadly welcome the decision, however, this is aggressive. In addition, the Fed will start to reduce its vast holdings of US treasury bonds from 30 June at a rate that's almost double what we saw...<\/p>\n","protected":false},"author":19,"featured_media":12717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"coauthors":[81],"class_list":["post-5851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Six minute strategy - Were central banks asleep at the wheel - Sarasin &amp; Partners Global<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sarasinandpartners.com\/row\/think\/six-minute-strategy-were-central-banks-asleep-at-the-wheel\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Six minute strategy - Were central banks asleep at the wheel - Sarasin &amp; Partners Global\" \/>\n<meta property=\"og:description\" content=\"Last night, Chairman Powell lifted US interest rates by 0.5%, the first rate rise of this magnitude since 2000. Markets broadly welcome the decision, however, this is aggressive. In addition, the Fed will start to reduce its vast holdings of US treasury bonds from 30 June at a rate that&#039;s almost double what we saw...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sarasinandpartners.com\/row\/think\/six-minute-strategy-were-central-banks-asleep-at-the-wheel\/\" \/>\n<meta property=\"og:site_name\" content=\"Sarasin &amp; Partners Global\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-06T15:29:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-23T16:48:52+00:00\" \/>\n<meta name=\"author\" content=\"Guy Monson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sarasinpartners\" \/>\n<meta name=\"twitter:site\" content=\"@sarasinpartners\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Guy Monson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sarasinandpartners.com\/row\/think\/six-minute-strategy-were-central-banks-asleep-at-the-wheel\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sarasinandpartners.com\/row\/think\/six-minute-strategy-were-central-banks-asleep-at-the-wheel\/\"},\"author\":{\"name\":\"Guy Monson\",\"@id\":\"https:\/\/sarasinandpartners.com\/row\/#\/schema\/person\/66421d49e781563db76a8340fb37e3d7\"},\"headline\":\"Six minute strategy &#8211; 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