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