Expected Interest Rate Hikes by the European Central Bank (the “ECB”) | Wassim Jomaa in an Interview with Bloomberg Asharq

• Europe started Q3 with discouraging economic indicators. The European economy is slowing and inflation is expected to fall. But the ECB still intends to raise interest rates.

• Europe can be divided into two parts: the first is small companies that rely on the local economy, and the second is big companies that rely on exports and the Chinese economy.

• If the president of the ECB, Christine Lagarde, can continue reducing inflation by raising interest rates, it would have a positive impact, reducing pressure on people’s incomes, allowing them to spend more. European consumers could therefore support the economy to some extent.

• The economic slowdown in Europe can help Christine Lagarde in reducing inflation. But an interest rate hike is expected during the July 27 meeting.

• Real estate opportunities in Europe exist either through real estate debt or buying undervalued real assets.

Watch the full interview above.