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Featured interview: Godiva CEO Nurtaç Afridi

First Move with Julia Chatterley

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Is There a Monetary Tightening?

Traditional economics requires there to be an increase in unemployment if you are going to bring inflation down to target. What we would see is some increase in unemployment, but from an incredibly low level. We will see a monetary tightening with us this year, but not anymore we are projecting this tightening to continue way into 24. They do not keep their ears open for the more nuanced message they are getting from the Fed, from the European central bank.

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