ECB is said to be increasingly worried by China's economic slowdown

Author: Justin Low | Category: News

MNI sources are quoted on this

  • Some sources say rates guidance could be pushed back
  • Any guidance move could take months
This is from our friends @ LiveSquawk, reporting on the matter. In my opinion, it's not necessarily China's growth slowdown that is getting the ECB concerned. China is a big part of that but domestically, the Eurozone has their own economic growth issues as well.

Put all of that together, and potential auto tariffs to follow next year, it builds a strong case for the central bank to push back its rates guidance beyond "the summer of 2019" as long as these growth concerns persist next year.

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