Bank of America put out a report saying rising rates in the US could set-off a recession or leave the economy mired in stagflation. The strategist behind that call is Meghan Swiber, BofA Global Research U.S. rates strategist, and she joined Alix Steel and Anna Edwards on "Bloomberg Markets: Americas" to discuss it.
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Global Inflation Concerns
Inflation across the developed world is surging, with the rising cost of living expenses at the highest level since the 1980s.