Traders Cling to Fed, ECB Rate-Hike Bets in Face of Growing Risk
- Wagers for tighter policy are resilient despite risk to growth
- Inflation expecations surge as oil breaches $100 a barrel
The Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S.
Photographer: Stefani Reynolds/BloombergThis article is for subscribers only.
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Rates traders are standing by wagers on tighter monetary policy in the U.S. and Europe despite the risk that Russia’s invasion of Ukraine will slow economic growth.