Hi, I note the opinion on being fully hedged on one’s mortgage, but realistically I don’t believe there are that many long range fixes on offer in the Irish market - open to correction
Good podcast as usual, your comments on the lag effects with interest rate policy seem to be spot on, the bond market is now suggesting that CBs are over-doing it and I saw an FT piece (Andy Haldane) at the weekend saying similar things re the UK, the Central Banks need to wait now and watch the higher rates take effect or inflict unnecessary pain.
Hi, I note the opinion on being fully hedged on one’s mortgage, but realistically I don’t believe there are that many long range fixes on offer in the Irish market - open to correction
Good podcast as usual, your comments on the lag effects with interest rate policy seem to be spot on, the bond market is now suggesting that CBs are over-doing it and I saw an FT piece (Andy Haldane) at the weekend saying similar things re the UK, the Central Banks need to wait now and watch the higher rates take effect or inflict unnecessary pain.
https://www.reuters.com/markets/rates-bonds/bond-markets-reckon-central-bank-policy-error-is-cards-2023-07-03/