The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
The U.S. and British central banks are scrambling to be the first of the majors to raise interest rates after a long period of unprecedented monetary generosity. It won't happen immediately but both Janet Yellen, who chairs the U.S. Federal Reserve, and Bank of England Governor Mark Carney say there will be a hike this year (Yellen) or around the end of the year (Carney). Might this be a bit of a rush? Not everything in the world economy is as sanguine as the U.S. and British economies purport to be.
Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.
The Greeks have to choose between the bad and the truly ugly in Sunday’s referendum. If I was Greek - and I’m not, although I speak the language and had a Greek great-grandmother - I would plump for the bad option, voting “Yes”.