BFM 89.9
The Business Station
High Inflation But Low Growth, The Worst Of Both Worlds
11 mins·09:00, 28 Apr 2023
High Inflation But Low Growth, The Worst Of Both Worlds
11 mins
·
09:00, 28 Apr 2023
·
Recommended
Guest: Tim Waterer, Chief Market Analyst, Kohle Capital Markets
U.S. economic growth decelerated to a 1.1% annual rate in the first quarter while inflation remains stubbornly high. Will this change the trajectory of the Fed Fund rate? Tim Waterer, Chief Market Analyst, KCM Trade tells us his expectations. We also try and understand why oil prices are falling.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Shazana Mokhtar
Producer: Michael Gong
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