The [i3] FICC (Fixed Income, Credit & Currency) Forum 2022 was held on 16 June at the Intercontinental Double Bay in NSW
Participants reflected on rapidly rising rates, higher inflation and the increasing possibility of a recession.
The ‘timely’ coincidence of the US Federal Reserve‘s 75 bps rate rise on the eve of this forum certainly provided more fodder for a more vigourous discussion. Perhaps the impending dark clouds in the macroeconomic horizon will once again prove the efficacy of fixed income and its defensive nature in a regime of vulnerability.
