This is doing the rounds from Morgan Stanley showing the times of the European Central Bank rate hikes as policy errors:
I wouldn't be drawing hard conclusions from it, but given the energy crisis engulfing Europe MS may well be onto something.
This is doing the rounds from Morgan Stanley showing the times of the European Central Bank rate hikes as policy errors:
I wouldn't be drawing hard conclusions from it, but given the energy crisis engulfing Europe MS may well be onto something.
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