Energy Shock Rewrites Europe’s Rate Path as Traders Bet on Hikes
Just a month ago, European Central Bank President Christine Lagarde declared that inflation was in a “good place.” With Europe now hurtling toward another energy crisis, traders are signaling a...
By James Hirai, Greg Ritchie · Bloomberg Markets
Just a month ago, European Central Bank President Christine Lagarde declared that inflation was in a “good place.” With Europe now hurtling toward another energy crisis, traders are signaling a very different view.