The market-moving event this week: the European Central Bank decided to raise rates by 75 bp, so now deposits are yielding (are you ready?): a grand total of 0.75%. Back up the truck! Note: the ECB previously had negative rates from 2016-2022. Wolf has the charts: ECB Shocked, Shocked, to Find that Inflation is Going …
ECB Raises Rates; The Golden Ruble Read More »
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