Stefan Isaacs, deputy manager of the £23bn M&G Optimal Income fund, has said he believes the European Central Bank (ECB) will avoid tightening policy too early for fear of causing an unwanted economic slowdown.
The ECB is expected to end its three-year bond buying programme this September but concerns over liquidity are now prompting commentators to question whether it could be extended. The financial markets...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash