Bloomberg News

Draghi May Cut Rates in June: Westpac

May 03, 2012

James Shugg, a senior economist at Westpac Banking Corp., discusses the outlook for European Central Bank President Mario Draghi's monthly press conference today and monetary policy.

Speaking with Mark Barton on Bloomberg Television's "First Look," he also talks about the U.S. jobs market. (Source: Bloomberg)

00:00 Draghi's policy tone; ECB rate cut outlook 04:20 U.S. jobs market; Fed monetary policy

Running Time: 08:04

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