BFM Podcast

Inflation Is So Sticky, Leaving The Fed Few Choices

Tan KW
Publish date: Thu, 30 May 2024, 12:05 PM
Inflation Is So Sticky, Leaving The Fed Few Choices

30-May-24 07:00

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

US consumer confidence unexpectedly improved in May, after deteriorating for three consecutive months. Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us if this will force the hand of the Fed to keep rates higher for much longer than expected and what this means for currencies including Emerging Markets.

Image Credit: Shutterstock.com

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