We expect the ECB to start raising interest rates in September 2019, not long before we judge that the US Fed will start to cut. Such divergence between the two central banks would be almost unprecedented and have important implications for financial markets. In this Update, we explain our controversial view.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services