Unlike 2008, the current scenario is more of a duration crisis or MTM crisis and not a credit crisis. In the recently concluded FOMC meeting, it is clear that the continuation of rate hikes to tame inflation is a priority.
Unlike 2008, the current scenario is more of a duration crisis or MTM crisis and not a credit crisis. In the recently concluded FOMC meeting, it is clear that the continuation of rate hikes to tame inflation is a priority.