ECB’s Nowotny: Growth rates will be slower but stay in positive territory
|The European Central Bank (ECB) Governing Council member Ewald Nowotny was out on the wires in the last hour and said that growth rates will be slower, still stay in positive territory.
He was also noted saying that we see a number of risks – like Trump and China, are against a background of very strong economic dynamics over the past 8-year.
Germany will likely have a very low growth rate in 4Q but it’s too early to say if the slowdown in structural, he further added.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.