A hike in rates will only exacerbate the gap between the EU periphery and its center says...

|By:, SA News Editor

A hike in rates will only exacerbate the gap between the EU periphery and its center says Nouriel Roubini. "In my view that's a mistake … I think that the ECB is rushing too fast into hiking rates." After a little wobble yesterday, shares take the news in stride. Stoxx 50 +0.8%.