The European Central Bank (ECB) is preparing a new interest rate hike, in a move that, according to specialists, should not be the end of it. The expectation is that rates will continue to rise in the coming periods.
This perspective is shared by Michael Krautzberger, Global Public Markets Investment Director at Allianz Global Investors, Martin Wolburg, Senior Economist at Generali Investments, and Felix Feather, economist at Aberdeen Investment.
The three specialists agree that the ECB will continue to tighten monetary policy, reflecting the inflationary pressures that still affect the European economy.
This scenario of continuous interest rate hikes has significant implications for investors and for the economy in general, namely in terms of the cost of credit and investments in public markets.
