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Podcast: Squawk Box Europe Express
Episode: SQUAWK BOX, THURSDAY 5TH JANUARY, 2023
Description: The Federal Reserve signals that it will maintain rates at a higher level for longer following the release of December’s FOMC meeting’s minutes. It is expected to slow the pace of hikes while ruling out any cuts this year. U.S. markets are in the green for the first time this year amid a dip in manufacturing activity and a strong employment scenario. China’s service sector contracts for the fourth consecutive month as rising Covid rates hamper consumer demand. The EU urges a coordinated testing regime on Chinese arrivals to the bloc while the WHO accuses Beijin...