The central bank increased rates by 0.75 percentage points, to range between 1.5% and 1.75%. Although this is a big one time jump, the overall rate is still low comparative to historic…
Tag: aggressive
Investors bet on more aggressive rate hikes after US inflation shock
Stock markets tumble after inflation in United States surges to highest level for more than 40 years – paving way for a series of aggressive interest rate hikes At the end of…