16 min listen
SQUAWK BOX, MONDAY 16TH JANUARY, 2023
ratings:
Length:
29 minutes
Released:
Jan 16, 2023
Format:
Podcast episode
Description
The 10-year JGB breaks the BoJ’s ceiling for a second day while the yen surges. The central bank is now under pressure to begin tightening monetary policy. The IMF has a dire warning ahead of this year’s World Economic Forum meeting in Davos, predicting that economic fragmentation could cause global GDP to fall by up to 7 per cent. On Wall Street, U.S. banks post a mixed set of Q4 results amid increased provisioning and downturn concerns. Bank of America CEO Brian Moynihan says 2023 will see likely see a ‘mild recession’ in early to mid-2023. Credit Suisse is reportedly to slash 10 per cent of its investment banking staff as part of its next wave of restructuring. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 16, 2023
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, FRIDAY 15th MARCH, 2019 by Squawk Box Europe Express