Rocky Road For Finance In 2021?
Steven Leslie, Lead Analyst for Financial Services, Economist Intelligence Unit (EIU)
24-Dec-20 07:37
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Unlike in the 2008 financial crisis, the financial sector has weathered the economic turbulence wrought by Covid-19 relatively well. However, the EIU predicts a challenging outlook for the sector in 2021, in light of ultra-low interest rates as well as mounting defaults by businesses and households. We discuss the forecast with lead analyst Steven Leslie.
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Produced by: Shazana Mokhtar
Presented by: Roshan Kanesan, Wong Shou Ning
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Categories: Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Politics, law & legal matters
Tags: wall street, monetary policy, stimulus, banking, NPL,