Hawks fly over frigid Europe
Friday 16th December 2022NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAs the UK and Europe weather a cold snap, central banks are heating up their rhetoric as the fight to cool inflation. On today’s podcast JBWere’s Sally Auld discusses the unexpectedly hawkish stance taken by the ECB, suggesting it was possibly a trade-off from pushing rates higher this time round. The Bank of England was split three ways on what to do, but ultimately lifted rates by the same amount – 50 basis points. We also look at moves by the Norges Bank and the Swiss…
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