Name: ECB Raises Rates For The 10th Straight Time
Uploaded: 2023-09-14T16:02:08.276
Duration: 8 min 24 s
Description: The ECB raised rates by 25BPS. Does that mean stagflation is to come in 2024? Europe's inflation is currently around 5%. How does the Euro currency compare to the U.S. Dollar? Phil Streible says that the ECB is overtightening versus the Federal Reserve. Also, will Jerome Powell raise interest rates in the upcoming meeting?

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The ECB raised rates by 25BPS. Does that mean stagflation is to come in 2024? Europe's inflation is currently around 5%. How does the Euro currency compare to the U.S. Dollar? Phil Streible says that the ECB is overtightening versus the Federal Reserve. Also, will Jerome Powell raise interest rates in the upcoming meeting?