What Card Can the Fed Play Next?
Real Vision: Finance & Investing
00:00
The Battle Between Inflation and Recession Is Bigger Than in the US
The dilemma between inflation and recession is even bigger than in the US. The Bank of England has a very tough battle, because you're seeing significant weakness expected in the economy. And moreover, UK and European general, there's an energy shock that's affecting Europe a lot. So to top dilemma for them, I think they're likely to go 50 basis points this week.
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