The European Central Bank ended its asset purchase programme at the end of 2018, but recent struggles, namely with Italy’s economy, indicate that a rate hike is not imminent. Photo: Reuters
Tai Hui
Opinion

Opinion

Macroscope by Tai Hui

The Fed, Bank of Japan and ECB are all signalling that the rate-tightening era may have passed … for now

  • The Fed has slowed its rate hikes, while there’s no sign of any monetary tightening at the BOJ and ECB right now. This could be good news for Hong Kong and risk assets, at least in the short term

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The European Central Bank ended its asset purchase programme at the end of 2018, but recent struggles, namely with Italy’s economy, indicate that a rate hike is not imminent. Photo: Reuters
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