ECB a 'Chip Shot' Away From Monetary Neutrality: Ryding

The transcript discusses the Federal Reserve's past and current monetary policies, comparing them to the European Central Bank's actions. It highlights the challenges both institutions face with inflation and economic conditions. The conversation touches on the impact of interest rates on the housing market and the potential for a recession in the US. The importance of central banks in managing global economic issues is emphasized, with a focus on adapting to new economic environments.

What is the speaker's perspective on the future of interest rates in the US?

What does the speaker suggest about the potential for a recession in 2024?