WASHINGTON (Reuters) – Many of the global factors weighing on euro zone growth appear to be waning, keeping alive expectations for a recovery in the second half of the year, European Central Bank President Mario Draghi said on Saturday.
But he also warned that factors that undermine confidence, including the risk of a hard Brexit and a global trade war, continue to “loom large,” putting growth at risk.
Battling an unexpectedly long and deep slowdown, the ECB kept interest rates unchanged earlier this week, promising ultra-easy policy at least through this year and keeping open the door to even more stimulus.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.