ECB's Weidmann - lower growth rates in world's economy are normalisation

Author: Eamonn Sheridan | Category: Central Banks

European Central Bank and Buba's Weidmann

  • says lower growth rates in world's economy are more a normalisation than a consequence of the trade conflict

As for slower euro area growth, ditto


  • Correction in US market not a sing of insecure times

Weidmann speaking from Bali (beats Frankfurt heading into autumn, right?)


Germany's finmin Scholz says there are sensible negotiations between EU and US that don't point to escalation of trade conflict

  • says big creditors to emerging countries should join Paris club
  • Says Italian politicians have said that they'll respect European rules, one should take that at face value
  • If anybody has to give advice to Italy, it's to be careful what it's doing

more to come    

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