Our View - The Questions
"We prefer the euro"
The European Central Bank has signalled an interest rate hike this year which is good for the euro says VP Bank CIO Felix Brill in the latest video "Our View – The Questions".
"Inflation seems more persistent than expected and central banks are reacting", says Brill. After the Bank of England, the Fed will follow suit in March and the ECB also signals tightening ahead.
Brill explains in the video, why this speaks for the euro and what the Swiss National Bank will make of it.
He also highlights the shift in our regional equity allocation.