hi guys, i'm from europe and with the upcoming ezb rate hikes i would like to ask which sectors are badly affected and how do you plan to benefit or go short? somehow i have the feeling that 2008 could repeat itself.
“We have to act” “Now it's not enough to talk, we have to act,” said Schnabel in an interview with the “Handelsblatt”. Specifically: Interest rates should be raised in the summer. “From today's perspective, I think a rate hike in July is possible,” explains the ECB director. Before that, the net purchases of bonds should be stopped, probably at the end of June. It would be the first interest rate hike in the euro area since 2011. At that time, the monetary watchdogs had raised the key interest rate slightly, but quickly corrected the step. In the Corona crisis, the ECB had then reduced the key interest rate to zero percent.
I would be interested to know what you think of it?
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