Forward money markets are pricing in more than 200-basis points of rate hikes by June next year, so much of the hard work of repricing yields and setting expectations has already been achieved. The ECB risks not so much being behind the curve as being on a different planet. Not kicking off the rate-hiking cycle at the June 8 quarterly economic review looks like a missed opportunity.顶起来啊朋友们
2022-07-14 10:27:28
Forward money markets are pricing in more than 200-basis points of rate hikes by June next year, so much of the hard work of repricing yields and setting expectations has already been achieved. The ECB risks not so much being behind the curve as being on a different planet. Not kicking off the rate-hiking cycle at the June 8 quarterly economic review looks like a missed opportunity.顶起来啊朋友们