Au revoir Draghi, Bonjour UK election - a podcast by Phil Dobbie

Thursday 24th October 2019

Mario Draghi is preparing to chair his last ECB meeting, with no expectation he will move rates. In fact, he leaves a board divided on what to do next, a problem that Christine Lagarde faces when she takes over next week. Phil Dobbie talks to NAB’s David de Garis about whether central bankers are increasingly questioning whether monetary policy has gone as far as it can go and what that means for future rate cuts, including the RBA. Also, Brexit. The pound is moving little, but Boris Johnson seems intent on manoeuvring towards a UK election.

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