The European Central Bank has cut interest rates again, and the Federal Reserve may follow. With inflation rising in both regions, these rate cuts must stop.
There is a significant risk that the emerging trend of lower interest rates will put us right back where we started just before the recent inflation episode.
As the Federal Reserve readies its first rate cut since the inflation spike, it joins the ECB in facing an economic slowdown with persistent, elevated inflation rates.
We use cookies to enhance your browsing experience and to personalize the content and advertisements that you see on our website. AcceptDeclinePrivacy policy
