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State Street: Stock market remains supported, but interest rate trends could become a correction factor

2026-05-15 12:42

Odaily Planet Daily News Tim Graf, Managing Director and Head of EMEA Macro Strategy at State Street, said: "Over the past few days, global stock markets have been in a state of continuous rise. Therefore, I believe we are currently in a phase where this upward momentum is showing signs of fatigue."

Tim Graf added that the stock market remains supported: "I think, if there is any factor sufficient to trigger a correction, it would be the movements in the interest rate market and the expectation that inflation may remain above many central banks' target levels for an extended period, potentially forcing them to tighten policy." (Jin Shi)