Bank of Spain says downward revision of 2018, 2019 growth forecast due to Catalonia uncertainty

Market news

15 December 2017

Bank of Spain says downward revision of 2018, 2019 growth forecast due to Catalonia uncertainty

Sees inflation at 1.7 pct in 2020
Says economic risks include Brexit, Catalonia
Average inflation in 2018 at 1.5 pct and 1.4 pct in 2019
Unemployment rate at around 11 pct by end-2020

Austrian National Bank raises Austrian GDP growth forecast for 2017 to 3.1 pct (vs 2.2 pct predicted in june), expects 2.8 pct in 2018 (vs 1.7 pct predicted in june)

Forex option contracts rolling off today at 14.00 GMT:

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