The European Central Bank (ECB) followed through with their 75bpts rise last night but it wasn't anywhere near the 100bts hike some analysts were expecting. We looked through the statement and found some caution, with an admission that "there are clear signs of an economic slowdown" on the horizon.
Quicknote: Europe and Canada join Aussie caution
Quicknote: Europe and Canada join Aussie…
Quicknote: Europe and Canada join Aussie caution
The European Central Bank (ECB) followed through with their 75bpts rise last night but it wasn't anywhere near the 100bts hike some analysts were expecting. We looked through the statement and found some caution, with an admission that "there are clear signs of an economic slowdown" on the horizon.