Listen "10 March 2023"
Episode Synopsis
Against a backdrop where the US economy has been showing unexpected resilience and firmer-than-expected inflation it was perhaps unsurprising that Fed Chairman Powell suggested in testimony this week that monetary policy could remain tighter for longer. Still, as many of our charts suggest this week, the broader world economy is now undeniably sitting on more fragile foundations, no doubt in part because of tighter US monetary policy.
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