Thursday 14 November 2019 ,
Thursday 14 November 2019 ,
Latest News
  • Abrar murder: Charge sheet submitted against 25
  • Govt to ensure 100pc electricity coverage within ‘Mujib Year’: PM
  • ‘Robber’ killed in B’baria ‘gunfight’
  • PM inaugurates 7 power plants
  • 5 admission seekers held for cheating at SUST
  • 1 dead, six injured in suspected suicide bombing at Indonesia police station
  • Sundarbans: The physical buffer that needs a rest
23 August, 2019 00:00 00 AM
Print

Eurozone bankers warn of ‘more protracted’ slowdown

AFP, Berlin

Eurozone central bankers had worried that an economic slowdown hitting the bloc would drag on, as they prepared the ground for a new package

of stimulus measures, according to minutes of their July meeting published yesterday.

In a pessimistic reading of the outlook for the single currency zone, the bankers noted that "there was now an increased likelihood that the economic slowdown or 'soft patch' that had emerged last year would be more protracted than had previously been anticipated".

Current risks were "more pervasive" and may also lead to a cut in the bloc's growth forecast, they warned.

With the downbeat outlook in view, central bankers noted that introducing a package of stimulus measures, rather than individual options, may be more effective.

"The ECB is concerned. That is the main message," said ING analyst Carsten Brzeski.

ECB chief Mario Draghi had signalled after that July meeting that it could unleash a new round of easing measures and slash rates further to fight sluggish growth and shore up stubbornly low inflation.

 

Comments

Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
0102
03040506070809
10111213141516
17181920212223
24252627282930

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting