The ECB Joins the Inflation Fight

Published on
February 3rd, 2022
34 minutes

The Fed Probably Won’t Raise Rates Seven Times in 2022

The ECB Joins the Inflation Fight

Daily Briefing ·
Featuring Michael Gayed and Alfonso Peccatiello

Published on: February 3rd, 2022 • Duration: 34 minutes

European Central Bank President Christine LaGarde now concedes the potential need for a rate hike in 2022 in the face of record-high inflation on the Continent, the same day the Bank of England announced a second consecutive increase to its benchmark rate since 2004 and began its “quantitative tightening” process. Meanwhile, on Wall Street, both Facebook parent Meta and PayPal have experienced massive value destruction in the aftermath of soft fourth-quarter results and softer forward guidance. Michael Gayed, CIO and portfolio manager at Toroso Investments, joins Real Vision’s Alfonso Peccatiello to talk about central bank moves, big tech earnings, and broader economic and market realities. Want to submit questions? Drop them right here on the Exchange: