BOF's Villeroy: We are experiencing a European slowdown, not a recession

Author: Justin Low | Category: Central Banks

Further comments by Villeroy

  • Low rates are here for a long time
ForexLive
It all begins with denial. With China economic growth set to slow further in the next year or two, it's inevitable that we will see spillovers in Europe - particularly Germany. Once that shifts to a higher gear, expect other European economies to feel the pinch as well.

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