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An Economic Winter Is Coming To Europe

11 mins·07:00, 22 Jul 2022
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An Economic Winter Is Coming To Europe

11 mins
·
07:00, 22 Jul 2022
·

Guest: Carlos Casanova, Senior Economist, UBP

The European Central Bank surprised markets by raising rates after 11 years by 50bps. Inflation and a weakening Euro were cited as the main reasons for this move. Carlos Casanova, Senior Economist at UBP tells us the implications of this move and whether it means a recession is inevitable.

Presenter: Wong Shou Ning

Producer: Michael Gong

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