ECB hikes still on the boil but Fed to pause in June July hike possible divergence

Forecast comes via David Arnaud, senior fixed-income fund manager at Canada Life Asset Management. On the Federal Open Market Committee (FOMC): The European Central Bank is likely to raise interest rates further, base case for the ECB’s peak deposit rate is 3.75%—compared with the current level of 3.25%—, “but there…Read More

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