Central banks are signaling a resolve to continue raising policy rates and a “boil the frog” scenario is becoming increasingly likely. In this regard,  the Fed delivered a pause but guided towards two further rate hikes, pointing to a hike in July as a reasonable possibility. The ECB was even stronger in guidance towards a further hike next month and the Bank of England will likely hike and signal more to come next week.

Speakers:

Bruce Kasman

Joseph Lupton

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