ECB is said to be increasingly worried by China's economic slowdown
MNI sources are quoted on this
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.
- Some sources say rates guidance could be pushed back
- Any guidance move could take months
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.