5 May 2023

Listen: Hiking into a banking crisis

As two more regional US lenders - PacWest and Western Alliance - saw their share prices collapse this week, the Federal Reserve and European Central Bank raised interest rates again. In this podcast, ING's James Knightley and Carsten Brzeski discuss the economic implications and where interest rates could be heading next

In this podcast, ING's Chief International Economist James Knightley tells Senior Editor Rebecca Byrne why he expects the Fed to reverse course "very quickly and very sharply" while Global Head of Macro Carsten Brzeski discusses why the ECB may be slower to respond.

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