Pictet Sees Another 25bps of Fed Rate Hikes This Year

The video discusses the current liquidity issues in the banking sector, contrasting them with the 2008 financial crisis, which was more about credit and trust issues. It highlights the impact of deposit runs on lending practices and interest rates, suggesting that financial conditions are tightening, akin to rate hikes. The discussion also covers the Fed's policy stance amid inflation concerns, with no expected rate cuts in 2023. The video concludes with an analysis of Asia's economic position, noting China's moderate recovery and the challenges faced by its private sector.

What is the expected impact of the recent financial tightening on the U.S. economy?

How does the inflation situation in the U.S. compare to that in Asia, particularly China?

What challenges does the private sector in China face in its recovery?