ECB and Fed not done tightening yet after this week

Ron Markus
Monday, 12 December 2022
Ron Markus

A number of better-than-expected economic data, tight labor markets and easier monetary conditions suggest that after this week's rate hikes, the ECB and Fed are not done tightening monetary policy yet. Still, we expect more downward pressure on long-term interest rates in Europe and the U.S. next year....
 

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