The market is projecting that, a, the the short rates go up to maybe two and a half by the end of the year. Historically speaking, that's still relatively low from an absolute standpoint. So i don't think it chokes off economic activity. It doesn't choke off all the private equity money going to work, trying to get deals done.
Citizens Bank CEO Bruce Van Saun discusses the impact of Fed rate hikes on banking and the markets. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Asia Government Senior Reporter Iain Marlow explain how Hong Kong went from Covid Zero to the world’s deadliest outbreak. Dr. Crystal Watson, Senior Scholar at the Johns Hopkins Bloomberg School of Public Health, shares her thoughts on the threat of Russia using biochemical weapons in their war with Ukraine. And we Drive to the Close with Hilary Kramer, President and CIO at A&G Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.