Eurozone: What More Can be Done? - BNPP
Research Team at BNP Paribas, suggests that despite concerns at the
beginning of the year, the effect of financial stress on Eurozone growth
should remain contained.
Key Quotes
“In
the Eurozone, the picture is largely unchanged, without being
particularly upbeat. GDP, which grew by 1.5% in 2015, is unlikely to do
much better in 2016. Against this backdrop, it is hardly surprising that
inflation remains low, a worrying situation that explains why the ECB
eased its policy again in March. It remains to be seen whether this will
be enough or if European leaders will find a way to further support the
central bank’s action.”
(Market News Provided by FXstreet)
