Central Europe's central bankers emphasize hawkish outlook for economies

Central bankers across central Europe have doubled down on their hawkish policy messages in the past two weeks in a bid to persuade investors to ditch bets that they will soon begin an easing cycle, and their message is starting to gain traction.

Their policy warnings come despite a European market downturn in the wake of Credit Suisse’ demise, which raised bets that global banks would begin to ease monetary policy.

As central Europe’s central banks were faster than their major peers to hike rates, they had also been expected to lead the way in easing. While this may still be true, it now looks like happening later than previously thought.

Source : Central Europe’s central bankers emphasize hawkish outlook for economies