The Federal Reserve has left interest rates unchanged after the European Central Bank (ECB) initiated a cut from 4% to 3.75%. Evercore ISI vice chairman...
The Federal Reserve has left interest rates unchanged after the European Central Bank initiated a cut from 4% to 3.75%. Evercore ISI vice chairman Krishna Guha joins Morning Brief to discuss how major banks are handling inflation and the upcoming rate decision from the Bank of Japan.
So what the Fed is navigating through right now within their own policy decisions versus what we're seeing around the world, right?There's Japan and there's everybody else, as there has been for a while. Per your earlier point about the Fed needing to be forward looking, the ECB is precisely telling us right now that they don't want to be too data point dependent.
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