UBS On-Air: Paul Donovan Daily Audio 'Fictional prices, Floridian prices, and the Fed'

UBS On-Air: Market Moves - A podcast by Client Strategy Office

The Federal Reserve meets, with no plausible justification for a rate increase. Slowing price and wage inflation mean that real interest rates continue to rise. A growing economy normally requires liquidity growth, but quantitative tightening is withdrawing liquidity.