By Stuart Cole, Head Macro Economist, Equiti Capital
By Stuart Cole, Head Macro Economist, Equiti Capital
Editorial by Stuart Cole, head macro economist at Equiti Capital
- Unlike the Federal Reserve (Fed) and Bank of England (BoE), the European Central Bank (ECB) policy remains in ‘support’ mode
- But with CPI at 5%, tensions are growing that an accommodative monetary policy is no longer required
- The reality is the ECB is also working to avoid another blow-out in sovereign bond yields
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