Summary
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- Both ECB and the Fed are at an inflection where they may pause now or after one or two hikes.
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- Consensus outlook on the respective economies are very divergent. The US economy, especially the consumer, is still very robust. Meanwhile, Europe is in a near recession.
Summary
-
- Both ECB and the Fed are at an inflection where they may pause now or after one or two hikes.
-
- Consensus outlook on the respective economies are very divergent. The US economy, especially the consumer, is still very robust. Meanwhile, Europe is in a near recession.
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