Categories: News

November 2022 Market Update – A Slowdown could be on the horizon

for the U.S. Federal Reserve

Global equity markets advanced over November as expectations grew that the U.S. Federal Reserve Board (“Fed”) would soon begin slowing the pace of its interest-rate hikes. The Fed raised the target range of its federal funds rate by 75 basis points (“bps”) to 3.75%-4.00% early in the month, but the minutes suggested officials are beginning to consider a slowdown in the pace of rate increases. Inflation remained elevated globally, particularly in Europe and the U.K., where both are experiencing deteriorating economic conditions. In Canada and the U.S., October’s inflation rate moderated but remained broad-based and still at levels well above their central bank’s targets.

In Canada, the S&P/TSX Composite Index finished higher, benefiting from the strong performance of the Materials sector. In the U.S., the S&P 500 Index rose higher, also led by the Materials sector. Materials stocks were buoyed by rising gold prices. Meanwhile, the price of oil fell over November, with Europe considering a cap on Russian oil prices. Yields on 10-year government bonds in Canada and the U.S. declined over the month.

Please click here to read full article

Lazar Wealth

Share
Published by
Lazar Wealth

Recent Posts

August 2025 market update

Investor sentiment improved in August, driven by hopes of rate cuts and extended trade truces.…

4 weeks ago

July 2025 market update

Trade tensions and cautious monetary policy continue to shape the global economic landscape. The U.S.…

2 months ago

June 2025 market update

Global equity markets rose in June as trade talks between the U.S., China, Canada and…

3 months ago

May 2025 market update

Trade talks, court rulings, and surprise tariff moves turned May into a geopolitical chess match.…

4 months ago

April 2025 market update

April's global markets faced turbulence due to trade and economic uncertainties. Discover how these factors…

5 months ago

March 2025 market update

Stay informed about the domestic and global impacts of U.S. tariffs amid economic unpredictability. Introduction…

6 months ago