• ECB's governing council member Nowotny: ECB unlikely to cut economic forecasts "significantly" in June

Market news

17 April 2019

ECB's governing council member Nowotny: ECB unlikely to cut economic forecasts "significantly" in June

  • It is not yet the time for the governing council to introduce tiering on rates
  • We should not use tiering to keep rates permanently low
  • Eurozone economy should at least stabilize in the second half of 2019
Canada: Trade balance, billions, February -2.9 (forecast -3.5)
China's Cabinet: Will expand the size of relending and rediscount policy tools
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