Macroeconomics

There has been some excitement in the financial markets recently and developments will provoke a variety of different opinions and predictions for the future of the world’s economies.

As was largely expected, the European Central Bank and the Fed left interest rates unchanged. However, bank representatives have confirmed market expectations for the future: interest rate hikes in the euro zone and at least a chance of interest rate cuts in the USA later this year. Whatever the decisions turn out to be, the markets are still only seeing the positives and, despite some more vulnerable stock market reactions, investors are still more welcoming of good news than bad news, returning quickly with the money whenever there have been setbacks.

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