ECB's Lagarde: The services sector is slowing ...Middle East

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ECBs Lagarde: The services sector is slowing
Survey data points to some weaker prospects in the near termHigher tariffs, stronger euro to make exports harderDefense and infrastructure investment to bolster growthBoost in defense and infrastructure would raise inflation over the medium termRisks to growth tilted to the downsideNot pre-committing to particular rate pathIn a good position to navigate uncertain conditions coming upThere was one dissenter

I will update as headlines cross.

This article was written by Adam Button at www.forexlive.com.

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