Interest Rates
Latest major ECB interest rate hike called into doubt by banking turmoil
The sector has been rocked by the collapse of Silicon Valley Bank and the crisis at Credit Suisse
The European Central Bank’s (ECB) plan to raise interest rates by another half-point on Thursday has been thrown into question by banking turmoil that began in the US but has since landed with a jolt much closer to home.
The crisis at Credit Suisse that followed the collapse of Silicon Valley Bank has left analysts less certain that the intended hike will in fact materialize. Investors, too, have pared bets to nearer the 25 basis ...