Time is ticking!
from Macro Minutes
The ECB hiked rates a second time in this cycle last week and did not suggest that the 2.50% they previously flagged as top end of neutral will be a key line in the sand. In contrast, the BoE did not hike this week, but left the door wide open to do so – maybe even before the end of 2026. Listen to Peter and Cathal as they dissect both recent meetings and provide an outlook for the rates paths going forward against a difficult energy price outlook. Participants: Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics Cathal Kennedy (Desk Strategy), Senior UK Economist * Research Analyst opinions are their published views, independent of those expressed by Desk Analysts
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