Major banks increase rate projections

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Source: Dukascopy Bank SA
In the aftermath of this week's Federal Reserve Rate hike and press conference, major banks like Barclays and Goldman Sachs have increased their Fed Fund Rate hike forecasts.
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Thu, 22 Sep 2022 11:07:15 GMT

Bank of England hikes as expected

At 11:00 GMT, the Bank of England voted to hike interest rates by additional 0.50%, as it was expected by the markets. Moreover, the markets expected the decision to be unanimous. The committee voted exactly that way, as all nine members voted for a 0.50% hike.

Fri, 23 Sep 2022 06:30:08 GMT

European central banks hike rates

This week, the Bank of England, Swiss National Bank, Norges Bank and Sveriges Riksbank all hiked interest rates from 0.50% up to 2.00%. The hikes came in tandem with the US 0.75% rate hike, as the world is fighting inflation.

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