Listen: Rate hikes, recession, rate cuts

After four 75bp rate hikes, the US Federal Reserve has signalled a slower pace of tightening ahead. But Chair Jerome Powell also warned that it is "very premature" to consider a pause and that rates may need to stay higher for longer, as the Fed battles to contain inflation near a 40-year high. In this podcast, ING's Chief International Economist James Knightley and Regional Head of Americas, Padhraic Garvey, discuss what this could mean for the US economy and market interest rates over the coming year.         

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THINK aloud is a podcast by ING Global Research hosted by Senior Editor Rebecca Byrne. Subscribe to hear expert analysis on the global economy, monetary policy, and financial markets, that you won't find anywhere else.