Oil & Gas
· 1 article
Notable
The oil squeeze now shows up as rate hikes from Europe to India
The same Hormuz energy shock lifting crude is now pushing central banks to raise rates, from Scandinavia and the UK to Mexico, Australia and India. The ECB is weighing how fast to follow. Pricey oil and gas props up producer margins, but it also keeps borrowing expensive worldwide, the other side of the energy crunch.
Sources
Global Rate-Hiking Cycle Reaches Scandinavia, UK, Mexico, Australia, India, Now ECB Weighs Its Pace
The whole story · updated
R
Reuters
·
BoE's Taylor casts doubt on practicality of single rate hike
R
Reuters
·
BoE's Taylor says January wage settlement survey will be key
R
Reuters
·
Bank of England's Taylor says case for rate hike 'not compelling'