Recession fears looming for Eurozone? - Wells Fargo

Market news

25 March 2019

Recession fears looming for Eurozone? - Wells Fargo

Wells Fargo research team points out that for the Eurozone economy, fears of a recession were back in the headlines on Friday after a series of disappointing PMI figures from the currency bloc.

“We are not convinced that the Eurozone economy is headed for recession, but it is hard to get particularly excited about the region's economic prospects, or the prospects for the euro, at this point.”

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