6 min listen
The Pound (/6B) Is Plunging: Global Central Bank Activity In Focus
FromSchwab Network
ratings:
Length:
8 minutes
Released:
Nov 4, 2022
Format:
Podcast episode
Description
One of the reasons why the pound (/6B) is plunging versus the dollar (/DX) today is because we also heard from Norway's Central Bank, says Jeffrey Kleintop. He talks about how the Bank of England announced a 75BPS rate hike this morning. He discusses global central bank activity and the latest global economic trends to keep on your radar. He then goes over how the Fed raised rates to highest level since January 2008. Tune in to find out more about the stock market today.
Released:
Nov 4, 2022
Format:
Podcast episode
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