Bloomberg Television
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Fed, ECB Won't Hike Rates Next Year, Plurimi CIO Says
Posted
August 19, 2022
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2:27Now PlayingPlurimi Wealth CIO Patrick Armstrong says the Federal Reserve and European Central Bank will not raise interest rates next year as a US economic slowdown looms and Europe falls into a "deep" recession. "I don't think the Fed is going to be doing much in terms of hikes next year. But there's no way the ECB will be hiking," Armstrong says on "Bloomberg Surveillance."
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