Is the Fed Really Going to Hike Rates?

The Reserve Bank of Australia hiked rates at the beginning part of the week, they increased their benchmark cash rate by only 25 basis points. The RBI governor mentioned the greatest uncertainty as far as Australia is concerned as the global economy. And as Steve just mentioned, Bank of England hiked by 75 basis points,. which was their largest in a very, very long time; but then turned around and said, this might be the last one because we think we're already in a recession and one might last two years. So the contrast on the surface is a contrast, but actually it's all three sort of hinting at or getting at global recession -- Fed hiking rates, RBA raising rates and

Play episode from 05:44

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app