The industrial sector is responsible for roughly one quarter of global greenhouse-gas (GHG) emissions. A mix of measures can reduce the sector’s carbon dioxide emissions to almost zero.
The investment world has been rocked by two bank failures in the US and a crisis at a Swiss giant, Philip Saunders argues that this is a healthy development for the long term.
Confirmation that US inflation was continuing at a high pace offered a dilemma for markets seeking to anticipate the Federal Reserve’s (Fed) next move.
The Fed stuck to its inflation-fighting script yesterday, pointing to other tools available for fighting market stress. Markets didn’t really appreciate it – but it does suit our script.
The banking crisis is a sign that tighter policy is biting and in Schroders view will tame inflation once the lagged effects have been allowed to come through.