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
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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