Rate Rises And Recession Risk In Europe

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Running Length: 00:15:28

After raising interest rates on Thursday, the ECB left the door open for further hikes in a bid to combat the highest inflation on record. But the Bank also announced a new bond-buying program to soften the blow of higher rates amid fears of a new debt crisis. In this podcast, ING's Carsten Brzeski tells Senior Editor Rebecca Byrne that this strategy is akin to stepping on the brakes and the accelerator at the same time. So can it work? And what does it all mean for Europe's economy? 


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Disclaimer: This publication has been prepared by the Economic and Financial Analysis Division of ING Bank N.V. (“ING”) solely for information purposes without regard to any ...

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