Fed rate raise

Fed set to accelerate normalisation process

Fed vs ECB: Rates Gradually Rising In US As Markets Increase Them In The EU

J. L. M. Campuzano (Spanish Banking Association) | The Fed raised rates yesterday, basically reducing the expansive nature of monetary policy. After listening to ECB board member Praet’s at a G20 meeting, it doesn’t look as if the ECB will raise rates quickly. But conditions could present themselves which favour a change in bias in monetary policy.