BFM Podcast

An Economic Winter Is Coming To Europe

Tan KW
Publish date: Fri, 22 Jul 2022, 10:56 AM
An Economic Winter Is Coming To Europe

22-Jul-22 07:00

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.

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