BNY Mellon's Dhar Sees Little Chance ECB Will Raise Rates in 2019

The video discusses the economic slowdown in the eurozone, focusing on the ECB's challenges in ending quantitative easing (QE) and the low likelihood of interest rate hikes in 2019. It also touches on the UK's monetary policy amid Brexit uncertainties. The speaker expresses faith in central banks' data-driven approach, suggesting that the risk of policy errors is reduced if growth slows in the US and eurozone.

What is one of the main challenges faced by the ECB in raising interest rates?

• End of Quantitative Easing

• Stable eurozone economy

• Strong economic growth

• High core inflation

What is the UK's ambition in terms of monetary policy?

• To lower interest rates

• To maintain current rates

• To end Quantitative Easing

• To raise rates and secure a Brexit deal

What is a potential risk when central banks hike rates during a desynchronized growth cycle?

• Increased economic growth

• Policy error

• Higher inflation

• Stronger currency

How do central banks primarily respond to economic conditions?

• By maintaining fixed policies

• By being data-driven

• By responding to public opinion

• By following political directives

What reduces the likelihood of a policy error according to the speaker?

• Political stability

• Higher interest rates

• Economic slowdown in the US and eurozone

• Increased market volatility