An Economic Winter Is Coming To Europe

Carlos Casanova, Senior Economist, UBP

Morning Run · Market Watch · 22 Jul 2022 · 07:00 am · 11 mins listen

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.

Produced by:

Michael Gong

Presented by:

Wong Shou Ning

Categories:

markets,economy

Tags:

commodities market,european central bank,inflation,bank of japan

Related Content