Latest / The Julia La Roche Show
#147 Andreas Steno On Why The Resurgence In Inflation Could Mean Another Rate Hike From The Fed
Andreas Steno, founder of Steno Research, discusses the resurgence of inflation and its impact on the global economy, and his contrarian take that the next move from the Federal Reserve could be a rate hike.
In this episode, Steno highlights the labor market as a major driver of inflation, with wage pressures increasing due to labor scarcity. Steno suggests that the Federal Reserve may need to hike interest rates instead of cutting them, but acknowledges the political challenges of such a move.
He also discusses the macro situation in Europe, with Germany and France struggling while southern…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.