British politician John Major’s 1989 comment on inflation control, “If the policy isn’t hurting, it isn’t working,” could not be more relevant today.
Hiking interest rates until something breaks still seems to be the mantra of global central banks. Jürgen Wurzer and Ross Smith of the Macquarie Global Multi-Asset Team based in Vienna join the show for discussion of monetary conditions and their impacts on current markets heading into the second quarter of 2023.
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