Featured in this podcast are Bruce Kasman and Joseph Lupton. Despite clear signs of growth slowing in response to the Omicron drag, the latest data reveal resilience in a number of areas including labor markets. This is keeping central banks focused on inflation and normalization. Last week’s hawkish Fed meeting was followed this week by hawkish meetings from the ECB and BoE. We add rate hikes to both for this year.

This podcast was recorded on February 4, 2022.

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