The battle between hawks and doves on Europe’s policy normalization is set to intensify in 2018.
Continued strong economic growth may increase speculation of a shift in the European Central Bank’s forward guidance for a definitive end to its bond-buying stimulus.
That has led to money-market pricing for 2019 interest-rate rises looking the most hawkish in nearly two years.
Source: Bloomberg Pro Terminal
Trader-G.Bozhidarov
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