u have a rapidly expanding budget deficitand a monetary policy where the Federal Reserve is continuing to tighten rates, said Erik Norland, senior economist at CME Group. By contrast, you have other central banks like the Bank of England holding rates, or the European Centr
Date: May 16, 2018
Italian bond yields jump after eurosceptic parties surge in election
But the Italian result will probably halt some of the momentum because even though Europe is traditionally driven by the French-German axis, Italy is still hugely important, said Erik Norland, senior economist at CME Group.