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Equity rerate unlikely before second half of 2023, says Credit Suisse

Higher-rates-for-longer theme triggered significant derating this year

Topics
Credit Suisse | Equity markets | Global Markets

Sundar Sethuraman  |  Mumbai 



Equity market
The biggest driver for the equity markets in 2023 will continue to be 'central banks and their policies aimed at reducing inflation'

Most have seen significant derating (term used for lowering of valuations or price-to-earnings, or P/E, multiples) this year amid hardening bond yields, following rate tightening by central banks to cool inflation.

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First Published: Mon, November 28 2022. 06:10 IST

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