EUROPE - The European Central Bank's anticipated interest rate rise is a "largely symbolic" move to make it appear to be tackling inflation, Schroders head of European equities Rory Bateman believes.
It follows the surprise announcement last month by ECB president Jean-Claude Trichet that an interest rate rise was likely to take place in April. Bateman said any increase would be staggered an...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
