The US equity market struggled to make much ground during the rapid rate hikes of 1994/95, and there is reason to think it might do worse this time around if the Federal Reserve continues to tighten as aggressively as we expect.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services