Bloomberg Daybreak: Europe Edition cover image

Blinken In China & 'Massive Downsizing' At Credit Suisse

Bloomberg Daybreak: Europe Edition

00:00

Jerome Powell's Testimony to Congress on Wednesday

The risk at the moment is we get a hot CPI print, especially in the core CPI. The Bank of England could have to do 50 basis points on Thursday. We are pricing in one more hike from the Fed to get us to five and a half. But the market isn't necessarily reading that we get to five and three quarters fed funds by the end of the year.

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