The Need For Speed
from Macro Minutes
Central banks are full throttle on rate increases in a throwback to the early 1980's inflation fighting era. The ultimate end game of current central bank policy will be recession. Will this surprise anyone? How quickly will it happen? And what does it mean for financial markets? Participants: Tom Porcelli (Research), Chief US Economist Blake Gwinn (Desk Startegy), Head of US Rates Strategy Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics Jason Daw (Desk strategy), Head of North America Rates Strategy Elsa Lignos (Desk Strategy), Head of FX Strategy Lori Calvasina (Research), Head of U.S. Equity Strategy * Research Analyst opinions are their published views, independent of those expressed by Desk Analysts
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