Interest Rates
Explainer: What peak rates could mean for businesses
All economists polled by Reuters agreed there would be no more interest rate hikes in the current cycle, meaning European interest rates have peaked at 4 per cent
Central banks on both sides of the Atlantic held interest rates steady at their most recent meetings, which has bolstered views among investors that rates may now be at their peak. This heralds a big shift for companies and consumers, many of whom have taken a beating from rising interest rates since last summer.
At its last meeting, the European Central Bank held its key interest rate at 4 per cent, while the Bank of ...
