Economic Tightening: U.S. Vs Europe
Schwab Network
English - March 24, 2023 20:36 - 8 minutes - 92 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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"There is volatility due to the banking crisis globally. The FOMC meeting was as expected. The ECB delivered on their 50BPS interest rate hike. What is the difference between the United States and Europe? The Federal Reserve is not done hiking rates, but we are much closer to the terminal rate. Europe still needs to tighten," says Eric Theoret.