In the Margins

Are steep rate hikes on the horizon?

December 11, 2017

By Bloomberg

With the world economy heading into its strongest period since 2011, Citigroup and JPMorgan Chase & Co. predict average interest rates across advanced economies will climb to at least 1% next year in what would be the largest increase since 2006. Meanwhile, Bloomberg Economics predicts net asset purchases by the main central banks will fall to a monthly $18 billion at the end of 2018, from $126 billion in September, and turn negative during the first half of 2019. Read the original story from Bloomberg.



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