Hiking into a banking crisis
ING THINK aloud5 Maj 2023

Hiking into a banking crisis

As two more regional US lenders - PacWest and Western Alliance - saw their share prices collapse this week, the Federal Reserve raised interest rates again but hinted that this may be the peak of the tightening cycle. In this podcast, ING's Chief International Economist James Knightley explains why he expects the Fed to reverse course "very quickly and very sharply" while ING's Head of Macro Carsten Brzeski discusses what this could all mean for Europe.


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Economic Outlook 2025: Trump, Trade Wars, and Tense Politics

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Make Aluminium Green Again

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Aluminium is an essential metal in our daily lives. It also plays a crucial role in the energy transition, and demand is soaring. But producing aluminium is highly energy-intensive, and urgent action ...

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Credit markets reacted positively to the outcome of the US election, with spreads - the difference between yields on corporate bonds relative to those on government securities - narrowing across the b...

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Central and Eastern Europe's quest for core EU convergence

Central and Eastern Europe's quest for core EU convergence

The countries of Central and Eastern Europe have successfully avoided the middle-income trap and evolved into high-income economies. The next challenge is to converge with the income levels enjoyed by...

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Recession risks and the race for rate cuts

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Inflation is down and unemployment is rising. Have global central banks left it too late to start cutting interest rates? ING's economists and analysts share their views in this week's THINK aloud.

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Navigating a CEE of opportunities - and challenges

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The economies of Central and Eastern Europe are largely in recovery mode. Slowing inflation and rising real wages have boosted consumer spending, which should continue to support GDP growth well into ...

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Why central bank divergence can only go so far

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The European Central Bank is widely expected to cut interest rates on Thursday from a record high of 4%. It’s an unusual move for two reasons: There’s no recession or crisis to precipitate a cut – in ...

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