ECB forecast suggests 'we won't see mechanical rate hike the way we've gotten used to'

The ECB today have gone ahead with increasing interest rates by 0.5%. The decision has gone ahead even as the tense atmosphere in the banking system continues. Yesterday Swiss banking giant Credit Suisse shares dropped 30% and subsequentially soared this morning after it announced it would be borrowing 53.7 billion from the Swizz Central bank. Kieran was joined by Economist Austin Hughes to discuss...

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17.32 16 Mar 2023

ECB forecast suggests 'we...

ECB forecast suggests 'we won't see mechanical rate hike the way we've gotten used to'

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The Hard Shoulder

The Hard Shoulder

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17.32 16 Mar 2023

The ECB today have gone ahead with increasing interest rates by 0.5%. The decision has gone ahead even as the tense atmosphere in the banking system continues. Yesterday Swiss banking giant Credit Suisse shares dropped 30% and subsequentially soared this morning after it announced it would be borrowing 53.7 billion from the Swizz Central bank.

Kieran was joined by Economist Austin Hughes to discuss...

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