ECB's Makhlouf: Uncertainty is weighing on investment ...Middle East

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ECBs Makhlouf: Uncertainty is weighing on investment
source : forex live ( Middle East ) () 22
Uncertainty is weighing on investment.Soft data pointing to a significant cooling in business and consumer sentiment.Global economic integretion is now stalled, if not reversing; last few weeks have seen an acceleration in pace and scale of change.Even if a full-blown trade war turns out to be short-lived, uncertainty effects will persist for some time.Monetary policy must adapt to the new nature of supply shocks generated by geoeconomic fragmentation. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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