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ECB Rate Decision Amidst Slowing Economic Growth

11 mins·07:00, 12 Sept 2023
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ECB Rate Decision Amidst Slowing Economic Growth

11 mins
·
07:00, 12 Sept 2023
·

Guest: Joe Quinlan (Chief Market Strategist), US Trust-BOA Private Wealth Management

The European Central Bank is the only G7 central bank with a monetary policy decision this week. Analysts are mixed on the direction of the main refinancing rate as Germany continues to struggle with a recession, and inflation and currency woes hit Europe. We speak with Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management on the ECB decision in the backdrop of released U.S CPI and PPI numbers, and oil prices surging above USD90 per barrel.

Image Credit: Shutterstock

Presenter: Shazana Mokhtar, Keith Kam, Mark Tan

Producer: Mike Gong

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