Several ECB policymakers doubt projections for growth rebound in H2 2019 - Reuters
|According to a Reuters report, citing unnamed sources, several ECB policymakers were said to have raised doubts over projections for a growth rebound in H2 2019 and even questioned the accuracy of the forecasting model.
The report further states that several ECB policymakers think the central bank's economic projections are too optimistic as growth weakness in China and trade tensions continue to linger.
The market reacted on the latest headlines and exerted some fresh downward pressure on the shared currency, dragging the EUR/USD pair further below the 1.1300 round figure mark.
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