The Week Ahead – Mixed US Growth Signals, Tight Debt Limit Talks, Turkey Elections and Japan CPI
Nomura – The Week Ahead
The ECB's 25-Bit Rate Raising
The ECB also raised rates by 25 basis points last week. It seems like we're moving towards an era in Europe anyway of 25 basis point hike moves. I think it's going to be very difficult or impossible to move back to 50. They're getting towards the end of the tightening cycle.
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