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Surveillance: Risk Management with McWilliams

Bloomberg Surveillance

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The ECB's Role in the European Economy

Eric Nielsen, uni credit: "My fear is that as the lag defects in monetary policy tightening now begin to hit the economies, the European underperformance will be longer, deeper than needed" Patrick Bantra says it's a real risk here that perhaps the ECB relative to the Fed is the central bank, most at risk of making a policy mistake. The trajectory, I think, ultimately will be that the Fed will have to pivot and the ECB will has to pivot shortly thereafter.

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