Monetary-policy tightening is coming to Europe. Following in the footsteps of the US Federal Reserve and others, the European Central Bank (ECB) has announced that it will discontinue its asset-purchase programme and raise interest rates this month, in a bid to rein in inflation. But, unless the authorities address the differential effect this has on member states’ financial conditions, the eurozone will experience both a recession and a financial crisis. Anticipating this monetary-policy shift, the eurozone safe yield curve, as measured by overnight index swaps, has been moving up since December, suggesting that financial conditions are becoming significantly tighter. Meanwhile, sovereign
Hence then, the article about eurozone divergences are back in play was published today ( ) and is available onGulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Eurozone divergences are back in play )