Thread: ECB Lifts Rates by Half a Point

The ECB bringing borrowing cost back to 0% after today's 0.50% increase lifted the Euro over the dollar after slightly closing the gap between the U.S. and Europe's central bank policies. This jump in the Euro led the I-fund to likely outperform the TSP funds today (or at least nearly par with the C-fund).

However, as said in this investing.com article:

The euro's rally is likely to be short-lived given mounting recession risks for the economic bloc, said Michael Brown, head of market intelligence at Caxton in London.