Central Banks


European Central Bank and Buba’s Weidmann

  • says
    lower growth rates in world’s economy are more a normalisation than a
    consequence of the trade conflict

As for slower euro area growth, ditto

More:

  • Correction in US market not a sing of insecure times

Weidmann speaking from Bali (beats Frankfurt heading into autumn, right?)

Also:

Germany’s finmin Scholz says there are sensible negotiations between EU and US that
don’t point to escalation of trade conflict

  • says big creditors to emerging countries should join Paris club
  • Says Italian politicians have said that they’ll respect European rules, one should take that at face value
  • If anybody has to give advice to Italy, it’s to be careful what it’s doing

more to come    

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