ECB’s Coeure warns of bleak indications about the health of the global economy
|Reuters reports the latest comments delivered by the European Central Bank (ECB) Governing Council member Benoit Coeure in an interview the Financial Times (FT).
Key Headlines:
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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