By Chris Farren, CME Group Repo Funds Rate Indices reveal that the UK repo market may provide insight into what to expect once ECB rates increase. As inflation readings around the world come in well above targets, many central banks have sped up their plans to tighten monetary policy after years of historically low-interest rates and bond purchase programs. However, the European Central Bank (ECB) is notably absent from the list of central banks that have implemented rate increases. Unlike its counterparts in the United States (Federal Reserve) and the United Kingdom (Bank of England), the ECB…