Invested: What’s next for interest rates?
While interest rates are predicted to rise soon in the US, low inflation and political uncertainty are leading to a more cautious approach in Europe
Earlier this year, the European Central Bank (ECB) cut interest rates to zero in a bid to boost the European economy. In contrast, last December, the US Federal Reserve raised interest rates for the first time since 2006 – and signalled that more hikes were on the way. As yet, there’s been no further move, but expectation is building for an increase next month.
So, with considerable uncertainty at play in the global ...
