# Central bank trade-offs

Page: https://stenobird.com/podcast/global-research-unlocked-4488149/central-bank-trade-offs
Text version: https://stenobird.com/podcast/global-research-unlocked-4488149/central-bank-trade-offs.md
Podcast: [Global Research Unlocked](https://stenobird.com/podcast/global-research-unlocked-4488149)
Published: 2026-03-16T13:39:42+00:00
Episode link: https://bofaglobalresearch.podbean.com/e/central-bank-trade-offs/
Audio file: https://mcdn.podbean.com/mf/web/wftj62yc7etmhxex/Rates_Weekly_Mar13.mp3
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JSON: https://stenobird.com/v1/public/podcasts/global-research-unlocked-4488149/episodes/central-bank-trade-offs
Duration seconds: 1327

## Resource

Please join Ralf Preusser in conversation with Bruno Braizinha, Mark Cabana, and Sphia Salim. The conflict in Iran is a negative supply shock for much of the global economy via higher oil prices. Central banks face a deteriorated trade-off between growth and inflation. That trade off differs meaningfully across major markets, as does the repricing we have seen in rate markets. We discuss where we see value, how we expect curves to trade and what hedges look attractive. You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life. "Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. ©2026 Bank of America Corporation. All rights reserved.

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## Transcript

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