Economic polarisation: ECB and EU likely to ‘fudge’ solution
IG trading the markets
English - May 26, 2021 13:49 - 18 minutes - 16.7 MB - ★★★★★ - 1 ratingInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: US stocks: What next after 'spectacular' earnings season?
Next Episode: Gold is in a bull market: Rick Rule
With a wide divergence of economic performance within the eurozone, the European Central Bank (ECB) will have to perform a difficult balancing act. The main issue facing the ECB is how to deal with the needs of each economy when it comes to tapering the liquidity currently in place.
In this episode, IGTV’s Jeremy Naylor catches up with Marc Ostwald, chief economist and global strategist at ADM ISI, who says the inflation that Germany is facing may not be as extreme as some are suggesting. Nonetheless, Ostwald says the solution, when it is required, may be found in a balanced mix of fiscal and monetary actions.
Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.