BFM Podcast

ECB Rate Decision Amidst Slowing Economic Growth

Tan KW
Publish date: Tue, 12 Sep 2023, 11:46 AM
ECB Rate Decision Amidst Slowing Economic Growth

12-Sep-23 07:00

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.

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