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The Ripple Effect, Citi’s CFO on Earnings, and “All Bulled Up” 7/14/23

The Exchange

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The Impact of Rate Hikes on the Economy

The head scratcher for me, and maybe should be for the people at home, is the impact of just this continuing pressure? We talk about rate hikes as if it's a thing that just happens and then it's done. What are the signposts in the road in the rest of the second half that we should look to to really gauge what impact this continuing pressure from higher rates, higher wages, at least in some cases, is having? Yeah, so, you know, one is obviously the earnings side to see how margins are going.

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