Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang
Forward Guidance
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The Bank of England Announces It Will Rake Rates
The Bank of England announced it is going to raise its rate on Thursday, December 16th. I think what we're seeing just across the global central banking community is just a pivot towards a more restrictive monetary policy. It seems like the ECB is basically what's holding the European Union together. The only way they can hold it together is if the ECB keeps buying and kind of keeps the whole thing glued together.
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