- It’s been another volatile week in financial markets with events in and around Ukraine continuing to dominate.
- This in turn creates huge uncertainty around the global economic outlook, with soaring commodity prices a massive downside risk for growth and upside risk for inflation.
- The ECB opted to proceed as planned and announced a tapering of asset purchases which could lay the groundwork for rate hikes later this year or next.
- The Fed and BoE are expected to do the same with rate hikes from both expected next week.
For further details see:
Week Ahead - Central Banks