Analysts expect central banks to hike more interest rates. By raising interest rates, they try to combat very high inflation. But recent data from the US central bank shows that the cooling of the economy that normally results from this is very difficult.
“Central banks still have some work to do,” an analyst told the Bloomberg news agency. There does not seem to be any question of an interest rate peak yet.
Interest rate rises are a global phenomenon. The US 10-year yield nearly reached its peak of 4.31 percent today, while its counterpart in the UK is at a 15-year high and the German 10-year yield is at its highest level since 2011.
2023-08-17 18:17:00
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