ECB's Makush: Growth has slowed, indicators trending downward

Eren Sengezer FXStreet

The ECB's Governing Council member and Slovak central bank Governor, Jozef Makúch, has recently crossed the wires noting that the growth in the euro area had slowed and indicators continued to trend downward.

Key quotes

Should not over interpret figures from one quarter.
All instruments remain on the table.
Weaker German data does not necessarily mean a recession.

Source: Reuters.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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