Mirabaud’s Director of Investments believes that the ECB is late in leaving the interest rate hike for July. He had to have done it sooner to prepare for a recession. When interest rates rise, Spanish banks become more attractive and more and more investors pay attention to them.
The European Central Bank (ECB) said on Thursday that it will raise rates in July. For Mirabaud, the European monetary authority is already late. “I agree with the Fed chairman that we have to prepare for the next crisis. There is no need to fear
