3 November 2022

Listen: Rate hikes, recession, rate cuts

In this podcast, ING's James Knightley and Padhraic Garvey discuss the US Federal Reserve's latest policy announcement and the implications for the economy and markets

After four 75bp rate hikes, the US Federal Reserve has signalled a slower pace of tightening ahead. But Chair Jerome Powell also warned that it is "very premature" to consider a pause and that rates may need to stay higher for longer, as the Fed battles to contain inflation near a 40-year high. In this podcast, ING's Chief International Economist, James Knightley, and Regional Head of Americas, Padhraic Garvey, tell Senior Editor Rebecca Byrne what the announcement means for the economy and financial markets.

Content Disclaimer
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more