Economic and Market Overview | October 2022

Download the October 2022 Economic and Market Overview

Central banks around the world continued to push their official rates higher in an attempt to curb

inflation. The US Federal Reserve added 0.75% to the Fed Funds rate while the European Central Bank and the South African Reserve Bank also increased their rates with the same margin. The Bank of England added 0.5% to their official interest rate but the Bank of Japan bucked the trend by keeping their rates unchanged after their meeting in September. Read more