UBS On-Air: Paul Donovan Daily Audio 'Is Fed policy error nearly over?'

Paul Donovan, an expert on Federal Reserve policies, dives into the complexities of the current monetary landscape. He discusses the delayed signaling of a rate cut for September and how ongoing tightening since last year impacts savers and borrowers alike. Donovan highlights the increasing real interest rates as household income growth slows and inflation eases. The conversation also touches on the responses from the European Central Bank and the Bank of Japan, illustrating the global ripple effects of these central bank strategies.