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PGIM Fixed Income

2023 Top 500 ranking: 29

ECB in Pole Position to Over-Tighten in 2023

Voilà! Is the ECB Capable of Going Big?

One narrative of 2022 was that central banks, including the ECB, were “behind the curve,” in their inflation fight. If this was right, financial conditions would need to tighten notably in 2023.

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