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Surveillance: Barclays' Rogoff on Fed Cuts

Bloomberg Surveillance

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The Banking Crisis in Europe

I think that if we look at what happened last week, Europe actually was contained until the end of last week from the banking crisis. The structural drivers we've been talking about for now a couple of months continue to underpin that market. When we're optimistic, we have to mop up a Swiss banking regime. There's a larger question here underpinning some of the banking stress. Are we at the end of rate hiking cycles that have been the fastest on record? Katrina, what's your view?

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