• ECB's Coeure: Indications on global economy are very bleak

Market news

17 June 2019

ECB's Coeure: Indications on global economy are very bleak

  • Warns of bleak indications about the health of the global economy

  • Central banks should never ignore market signals

  • But also shouldn't follow them blindly either

  • Markets are sending a "quite alarming" message at odds with benign data

  • Capacity for policymakers to deal with shocks today is less than it was previously

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