ECB Economic Bulletin: Downside risks to the global economy have intensified

Haresh Menghani FXStreet

Here are some of the key highlights from the European Central Bank (ECB's) latest economic bulletin, released this Thursday.

• The Euro-area economy is proceeding along a solid and broad-based growth path, still at a somewhat slower pace than that in 2017.
• Downside risks to the global economy have intensified, the threat of protectionism remains prominent.
• If all threatened tariff measures are implemented, the average US tariff rate would rise to highest in 50 years.
• Risk of heightened market volatility needs monitoring.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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