European Central Bank Executive Board member Peter Praet: the uncertainty about the economy increased

Noticias del mercado

19 noviembre 2015

European Central Bank Executive Board member Peter Praet: the uncertainty about the economy increased

The European Central Bank (ECB) Executive Board member Peter Praet said in a speech on Thursday that the uncertainty about the economy increased.

He noted that the economy in the Eurozone improved.

"The incoming data points to an overall picture of normalisation in the euro area economy. Domestic demand is gradually strengthening," Praet said.

But he added that downside risks increased, while tail risks receded.

European stock markets mid session: stocks traded higher on the Fed’s minutes

Bank of Japan Governor Haruhiko Kuroda plays down the weak GDP data

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