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SPEU - 2024 Set To Be The Year That The ECB Hike Cycle Is Felt
SPDR® Portfolio Europe ETF
2023-12-07 23:17:00 ET
Summary
The ECB hike cycle seems over, but the shockwaves of tightening will still shape the eurozone economy in 2024.
Traditional lags in transmission are now accompanied by longer ones in average interest burden increases, potentially extending the impact of tightening.
For the ECB, the risk of being behind the curve for the second time in one cycle is growing.