Mount Everest or Table Mountain?

On the back of the European Central Bank's "dovish hike", host Imogen Bachra is joined by Joann Spadigam and Kevin Cummins to discuss the impact on markets, and whether the Fed and the Bank of England may follow suit. Behind the question of whether interest rates have hit their peak is how prolonged that peak may be. Will sharp rises be matched by precipitous falls to create an Everest-like trend of rates? Or will the peak really be a plateau that more resembles Table Mountain?  

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NB: This was recorded on 14 September 2023.For any terms used please refer to this glossary:  https://www.natwest.com/corporates/insights/markets/glossary.html Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html