ECB Sees Global Economic Slowdown In 2019

[rainman + 263]

The global economy is set to slow down in 2019 and stabilize thereafter, the European Central Bank said on Thursday, while still expecting prices to rise. Investors have been bracing for a worldwide slowdown in economic growth, mainly driven by higher borrowing costs for dollar debtors and trade tensions between the United States and China. The ECB threw its weight behind that expectation in its regular economic bulletin, but still saw “inflationary pressures” globally and in the euro zone. “Looking ahead, global economic activity is expected to decelerate in 2019 and remain steady thereafter,” the ECB said. “Global inflationary pressures are expected to rise slowly as spare capacity diminishes.”

[pinto + 293]

Again, trade war, US, China....

[Pavel + 384]

"As Goes China So Goes The World" - WSJ once said.

[50 shades of black + 254]

Central Banks - the second name for global looting.Traditionally, central banks raise interest rates when economic activity picks up to the point that inflation may get out of hand (way beyond 2%). When economic activity is sluggish, they lower rates in order to stimulate economic activity.

[damirUSBiH + 327]

So, will 2019 be the year of the crash?

 

[ThunderBlade + 231]

Always predictions, never solutions. And so from year to year.

[damirUSBiH + 327]

The economy is slow because of too much debt, bureaucracy, centralization of the economies which are the failed policies created by the corrupt political establishment - the creators of all the division and chaos in world...

[ThunderBlade + 231]

2 minutes ago, damirUSBiH said:

The economy is slow because of too much debt, bureaucracy, centralization of the economies which are the failed policies created by the corrupt political establishment - the creators of all the division and chaos in world...

More directly it is failing societal models shrinking the middle class that are actually tightening economic growth.