The hike is (almost) here! Now for what comes next: Five questions for the ECB

Published by
Reuters UK

By Dhara Ranasinghe, Stefano Rebaudo and Vincent Flasseur LONDON (Reuters) – The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday as economic prospects darken. That outlook is getting murkier by the day because inflation is still accelerating and growth slowing sharply. “The trade off the ECB is facing is more severe than any of the other major central banks,” said Silvia Ardagna, head of European economics research at Barclays. Here are five key questions for…

Read More

Leave a Reply