ECB's Nowotny: Germany likely to have very low growth rate in Q4 2018

Author: Justin Low | Category: Central Banks

Comments by ECB governing council member Ewald Nowotny

  • Sees a numbers of risks like Trump and China risks
  • Risks are against a backdrop of very strong economic dynamics over the past 8 years
  • Growth rates will be slower but stay in positive territory
When you have to bring in comments about the economy over the past eight years to try and bolster sentiment, you know that things aren't going well presently. That's basically the only takeaway from his comments here.

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