Listen "Weekly Market View: What to expect from central banks next week?"
Episode Synopsis
The upcoming week promises to be eventful. As incoming data on the Omicron variant points to less severe illness and enhanced protection through COVID vaccine booster shots, the focus shifts to key central bank meetings that are likely to set the policy direction for 2022. The US, Euro area and UK central banks are due to decide on whether to continue prioritising economic growth in the face of surging inflation.While we expect them to remain growth-supportive, at least for the next 6-12 months, any hint that they are worried about price pressures becoming more entrenched could unsettle markets. The Fed meeting on 14-15 December is probably the most critical, especially against the backdrop of a tightening US job market and inflation running at 30-year highs. The ECB and BoE are likely to push back policy tightening decisions amid Europe's ongoing COVID wave. Speakers:- Steve Brice, Chief Investment Officer, Standard Chartered Bank- Abhilash Narayan, Senior Investment Strategist, Standard Chartered BankFor more of our latest market insights, visit Market views on-the-go.
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