Menu
The market expected the central bank’s decision and reacted well to the news. Here are the conclusions drawn by fund managers’ experts.
Banks have also been benefiting from the current higher interest rate environment, as they are able to capture a higher net interest margin.
Based in London, Stefano Amato brings a strong 15-year track record across asset management and financial markets to the team.
Andrea has a 22 year track record in the global insurance and asset management sectors, mainly through his time at AXA Group.
The monetary authority has explained that it plans to continue raising rates after this large increase – the highest so far – because “inflation remains too high and is likely to remain above target for an extended period”.
Currently, they are about 9% higher in USD terms compared to the end of 2019, almost reaching the historical highs seen in mid-2014.
Themes
Book now