• Draghi: somewhat weaker momentum it was acknowledged at meeting, not enough to change baseline scenario

Market news

25 October 2018

Draghi: somewhat weaker momentum it was acknowledged at meeting, not enough to change baseline scenario

  • Talked about weaker momentum not a downturn

  • Country specific factors are leading to weaker momentum

  • Export performance is coming back toward normal after an extraordinary move higher

  • Trade uncertainty between US and China has slowed momentum

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