Interest rates normalization continues in the US
The Federal Reserve increased its main interest rate for the third time since December 2015. The interest rate now stands at 1.00%. The FED intends to hike rates two times more in 2017 and three times in 2018, although there are risks around such a scenario. If the market reaction was muted, the impact on the bond market continues to be felt.
Our economists analyze the event and its consequences
- What was the market reaction ?
- What does this imply for European interest rates?