Carsten: central banks lean towards hikes in the face of stagflation shock
The Middle East conflict has triggered a stagflation shock, forcing central banks to balance rising inflation against slowing growth. Our view is that most will opt for small ‘insurance’ rate hikes to maintain their inflation-fighting credibility
Central banks are facing a dilemma as inflation rises and growth slows. In this video, ING's Carsten Brzeski explores whether policymakers are more likely to hike or cut rates, and what this means for the global economy
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