Europe Macro & Geopolitical Commentary – July 22, 2022

Leo Nelissen | July 22nd, 2022

The ECB hiked rates yesterday while announcing a new crisis tool: TPI. Today, we dive into the details as we explain that the situation has become almost too complex and difficult for the ECB to handle. Rate hikes couldn’t come at a trickier time as economic sentiment has now entered contraction territory, hinting at prolonged […]
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