Softening US inflation suggests the US Federal Reserve is likely to raise interest rates by a further 25 basis points at its next meeting in May, although its rate hike cycle may be nearing the end. Mathieu Racheter, Head of Equity Strategy Research, explains why we are now upgrading the global communications sector to Overweight, and Nicolas Jordan, CIO Strategy & Investment Analysis, gives us an update on the latest thoughts from our Chief Investment Office.00:14 Introduction by Helen Freer (Investment Writing)01:15 Markets wrap-up by Jonti Warris (Investment Writing)06:04 Global communications sector upgrade by Mathieu Racheter (Head of Equity Strategy Research)09:06 Our CIO’s latest thoughts by Nicolas Jordan (CIO Strategy & Investment Analysis)11:15 Closing remarks by Helen Freer (Investment Writing)