Central banks haven’t acted quickly enough to counter rising inflation, Axel Weber, the outgoing chairman of UBS Group AG, said, adding that he expects Europe and Switzerland to eventually move to increase their historically low interest rates.
Posts published by “Bryce Baschuk”
After a couple of months of travel restrictions, the omicron wave of the pandemic is mostly subsiding across Europe. That’s good news for the World Trade Organization, which is trying to reschedule a key meeting of ministers for June.