ECB's Schnabel: Monetary policy cycle is coming to an end ...Middle East

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ECBs Schnabel: Monetary policy cycle is coming to an end
source : forex live ( Middle East ) () 29
Monetary policy cycle is coming to an end.Growth outlook broadly stable despite trade conflict.Medium-term inflation stabilizes at target.Financing conditions are no longer restrictive.Private consumption is supporting growth.Defence and infrastructure spending counteract tariffs.Energy prices and the Euro could change in either direction. I expect only limited trade diversion from China to EU.The Euro’s global role is strong, could strengthen further. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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