This was 2022 in European finance Inflation was not a hump Interest rates rose across the yield curve After much hesitation, the ECB raised its key interest rates for the first time since 2011 The Eurosystem shrank its balance sheet European bank stocks dropped, but recovered Central bank losses due to higher ratesBacklash against ESGBad year for investment banks Share on Facebook Share Share on TwitterTweet Share on LinkedIn Share Send email Mail