WS #16727
The Reserve Bank of Australia raised rates to an 18-year high in a split vote, underscoring persistent inflation pressures globally. In Europe, Schaeffler's job cuts reflect ongoing structural challenges in the automotive and industrial sectors. These developments suggest that central banks remain cautious about premature easing, keeping growth-sensitive assets under pressure.
Global Macro & Rates
The Reserve Bank of Australia raised rates to an 18-year high in a split vote, underscoring persistent inflation pressures globally. In Europe, Schaeffler's job cuts reflect ongoing structural challenges in the automotive and industrial sectors. These developments suggest that central banks remain cautious about premature easing, keeping growth-sensitive assets under pressure.