ECB’s Coeure warns of bleak indications about the health of the global economy.

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Reuters reports the latest comments delivered by the European Central Bank (ECB) Governing Council member Benoit Coeure in an interview the Financial Times (FT).

Key Headlines:

Warns of bleak indications about the health of the global economy.

Central banks should never ignore market signals.

But also shouldn’t follow them blindly either.

Markets are sending a “quite alarming” message at odds with benign data.

Capacity for policymakers to deal with shocks today is less than it was previously.

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