6 min listen
Sticky Inflation Makes It Difficult For Central Banks To Slow Down Tightening
FromSchwab Network
ratings:
Length:
9 minutes
Released:
Nov 2, 2022
Format:
Podcast episode
Description
Sticky inflation makes it difficult for global central banks to slow down the tightening cycle, says Omar Aquilar. He discusses the 2022 FOMC rate hikes, and previews Jerome Powell's Press Conference today at 2:30pm ET. He talks about how he expects more volatility and lower liquidity for the rest of the year. He also notes that an economic slowdown and inflation expectations are driving investor and business sentiment. He then goes over the importance of portfolio diversification. Tune in to find out more about the stock market today.
Released:
Nov 2, 2022
Format:
Podcast episode
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