The Bears are Back in Town
from Macro Minutes
Many G10 central banks have moved policy rates to a neutral policy setting and are set to send them into restrictive territory with further super-sized rate hikes. Meanwhile, the late-coming ECB is contemplating an accelerated tightening path in the near-term as natural gas and power prices skyrocket due to supply concerns from Russia. How high can policy rates go and when will this cycle end for different central banks? Participants: Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics Blake Gwinn (Desk Strategy), Head of US Rates Strategy Simon Deeley (Desk Strategy), Canada Rates Strategist Elsa Lignos (Desk Strategy), Head of FX Strategy Michael Tran (Research), Global Energy Strategist * Research Analyst opinions are their published views, independent of those expressed by Desk Analysts
Embed this episode
No transcript yet.