Governor of the Spanish Central Bank and thus monetary policy maker at the European Central Bank Pablo Hernandez de Cos speaking voer the weekend.
In a nutshell he noted growth risks are to the downside, citing
- Brexit … "a focus of first-order uncertainty for the global economy and, especially, for the rest of the EU"
- political situation in Italy
- China's economic slowdown,
- vulnerabilities in emerging economies
- trade war
More here, where he added on risks to further lowering rates ….
No easy answers.
