Credit Suisse Sees the Fed Guiding Market Towards Higher Rates

The video discusses recent market sensitivity and repricing, influenced by Powell's unexpected hawkish stance. The Fed's guidance suggests more interest rate hikes, impacting asset classes and market curves. Inflation risk and policy uncertainty are also highlighted, with the Fed guiding towards higher real rates.

What was the market's reaction to Powell's statements regarding interest rates?

In what ways did the market reprice its expectations for asset classes according to the text?

How did the Fed's guidance on the neutral real Fed funds rate change according to the text?

What implications does the text suggest about inflation risk and its effect on the curve?

What does the text imply about the future of interest rates and market expectations?