Too Early To Be Sure Central Banks Are Done
Schwab Network
English - March 25, 2023 18:13 - 8 minutes - 72.9 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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"The Federal Reserve is still in a position with inflation being too high despite the banking situation. The U.K.'s February inflation reading was 1.1% for the month and it was also 1% in France. It is too early to be sure that global central banks are done. The Swiss National Bank raised interest rates by 50BPS just days after Credit Suisse engulfed Europe into financial turmoil," says Jeffrey Kleintop.