2min chapter

Forward Guidance cover image

Private Markets To Implode As Fed Hikes to 7% | Bilal Hafeez

Forward Guidance

CHAPTER

ECB Rates

I think on the ECB side, I think they'll probably go up towards around 3% in the market as pricing a bit less than that. And I think there has been this greater focus within the ECB to bring down inflation because it could be broadening out into other parts of the economy. The issue in the UK is that the growth trajectory is much worse than for Eurozone strangely and that's because of all sorts of different reasons. So in the end the growth side will help the Bank of England bring inflation down.

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