ECB Rate Decision Amidst Slowing Economic Growth

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management

12-Sep-23 07:00

ECB Rate Decision Amidst Slowing Economic Growth

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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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Categories: markets, economy

Tags: european central bank, qualcomm, fed fund, tesla,

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