EFTA Document EFTA01458252

Nino gsze*ta FOCAS Tha 0'0 Slum Imes:num truth:. lor3 A; %Mello HC21-trig.14:1•)ii 4039 Henning Gebhsrdt, Global Head of Equities Equity-market perspectives Who's afraid of Janet Yellen's first move? No subject has been discussed more widely within the financial markets during the past twelve months than a possible rate hike by the Fed. The Fed and its expansionary monetary policy have strongly supported the equity-market boom which started in 2009. Would a shift in the policy sta