Global Central Banks Hawkishness & Recession Probabilities

"All central banks around the world are becoming more hawkish to fight inflation. Because the Bank of Japan had not made any moves until today, it had a negative impact on the Yen currency. We will most likely be under restrictive rate levels for the majority of 2023. Markets will most likely retest recent market bottoms over the next few months. The probabilities of a recession are extremely high," says Eric Sterner.

Market On Close

22 Dec 2022

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