What Does All This Mean for Markets?

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Inflation is going to sort of pass through the system. There's just nothing that the markets can really do. The shift from the fed has definitely encouraged markets into thinking that it's going to be under control. And so what we ing in things like the stock market now is barely moving. Until we see the data later on in the year that tells us for sure where the market weather.

The world’s leading economies have signed up to a plan that looks to force multinational companies to pay a global minimum corporate tax rate of 15 per cent, economists believe that the Federal Reserve will raise interest rates by the end of 20-23, and Robinhood is targeting a valuation of $40bn or more ahead of its public offering. Plus, the FT’s Nicolle Liu explains what the closure of the Apple Daily newspaper means for the media landscape in Hong Kong.

World’s leading economies agree global minimum corporate tax rate

https://www.ft.com/content/d0311794-abcf-4a2a-a8a4-bcabfc4f71fa

Robinhood targets $40bn valuation ahead of IPO

https://www.ft.com/content/7421d913-0f77-4458-9032-59ba32c846f1?

Economists predict at least two US interest rate rises by end of 2023

https://www.ft.com/content/de778e1b-3876-4999-942e-186c2a692a1a

Apple Daily’s death leaves a shadow over free press in Hong Kong

https://www.ft.com/content/c7aa2919-dce1-4196-8d4a-ad9f57c59c4e

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