Banks, Powell, Crypto, and Jamie Dimon (Podcast)
Bloomberg Intelligence
00:00
Is China Driving Inflation?
China growth is creating another massive problem for the Fed. The more China stimulates the higher commodity prices go, that's not good for headline inflation. And it's forcing the Fed higher and higher and higher all the time. Personal view, I think we're headed above 6% terminal rates. That's why we're seeing Europe outperform the US.
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