ECB: Focus is expected to be on QE – UOB

Economist at UOB Group Lee Sue Ann comments on the upcoming ECB event on April 14.

Key Quotes

“We recognise that the situation remains very fluid. How the war evolves and the impact that has on energy prices will be crucial.”

“But we are still not expecting any changes in key interest rates for now.”

“Rather, any policy tightening by the ECB this year, will solely be in terms of ending its QE programs.”