Markets
Donal MacNamee: Europe faces rates dilemma as Fed mulls pause on increases
The European Central Bank may keep hiking rates even as the US considers a pause – amid warnings it could create a punishing economic slowdown
Gabriel Makhlouf, governor of Ireland’s Central Bank, made a startling admission last week – that financial regulators have lost some public trust in recent years, and need to communicate better with the average Joe about inflation and their rationale for pursuing a lengthy campaign of rate hikes.
“I think we have lost a degree of trust and that affects what I feel we should be doing with our decision making, which is we should be ...
