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GSEU - ECB Jumps On The Bandwagon To Start Hiking Rates
Goldman Sachs ActiveBeta Europe Equity
The European Central Bank announced it will hike interest rates 25 basis points at its July meeting, and further hikes are coming in September and beyond.
For now, the deposit rate is at -0.5%, but won’t be for long.
From an investment perspective, I think this is really going to focus investors on spread widening between government bonds.