ECB Rate Decision Amidst Slowing Economic Growth
Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
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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
Produced by: Mike Gong
Presented by: Shazana Mokhtar, Keith Kam, Mark Tan
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