With inflation still at the top of the agenda, financial markets remain at the mercy of hawkish rhetoric on monetary policy. Central banks, including the US Federal Reserve and the European Central Bank, have promised to act decisively against inflation, even at the expense of economic growth. And both equity and fixed interest markets have responded negatively.

Today we will examine this difficult position for western central banks and ask where, if anywhere, is the off ramp. And look at the contrasting situation in both Japan and China. We will also outline our current tactical asset allocation.

Presented by Seamus Lyons CFA, Senior Investment Manager and Alex Burn CFA, Senior Investment Analyst. Hosted by Louise Somers, Investment Specialist.