Stubborn Inflation Pushes The Fed Further Up The Rate Curve
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
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The Fed raised rates by 75 bps as expected but what was a surprise was that they may reduce the quantum of the hikes but that rates may go higher than earlier projected. We ask Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank why they have taken this approach and when will rates peak?
Produced by: Michael Gong
Presented by: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San
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