|
Following interest rate hikes in the US, Europe and the UK, Schroders' Senior European Economist Strategist Azad Zangana and Economist George Brown examine the different economic outlooks the respective central banks are facing.
The US Federal Reserve (Fed), European Central Bank (ECB) and Bank of England (BoE) have all raised their interest rates this month as part of ongoing tightening of monetary policy to curb inflation.
Fed takes smaller step as it reaches the summit
George Brown, Economist, said:
The Fed slowed the pace of tightening in February but signalled that it plans to raise rates further in the months ahead. It raised rates by 25 basis points (bps), lifting the...
|