Reply To: Traders Market Weekly: Neutralizing Contagion


Swiss National Bank announced a 50-bps rate hike to 1.50%, as expected,
Norges Bank raised its rate by 25 bps to 3.00%.

European Central Bank policymaker Nagel cautioned that more rate hikes will be needed if inflation evolves according to projections.

Germany’s government reiterated its plan to issue EUR126 bln of debt in Q2.