- ECB releases its minutes of the January monetary policy meeting
Market news
21 February 2019
ECB releases its minutes of the January monetary policy meeting
- Near-term growth momentum is likely to be weaker than earlier expected
- Eurozone growth could be below potential for several quarters
- A probability of recession is low, but levels of uncertainty are high
- It is unclear how long growth dip will last or if it impacts the medium-term
- ECB is concerned that weakness could affect inflation expectations
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