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08 August 201911.23 For the Eurozone "the most recent data and the latest results of economic surveys indicate a somewhat weaker growth in the second and third quarters of 2019". This is what the ECB claims. The "prolonged uncertainties associated with geopolitical factors, the growing threat of protectionism and the vulnerability of emerging markets" weigh heavily. A "highly accommodative monetary policy" is also required in the face of inflation that is below the "expected" level.Euro zone, ECB: GDP is weaker
2019-08-08T09:37:10.330Z
11.23 For the Eurozone "the most recent data and the latest results of economic surveys indicate a somewhat weaker growth in the second and third quarters of 2019". This is what the ECB claims. The "prolonged uncertainties associated with geopolitical factors, the growing threat of protectionism and the vulnerability of emerging markets" weigh heavily. A "highly accommodative monetary policy" is also required in the face of inflation that is below the "expected" level.
Source: rainews