ECB’s Makush: Growth has slowed, indicators trending downward


The ECB’s Governing Council member and Slovak central bank Governor, Jozef Makúch, has recently crossed the wires noting that the growth in the euro area had slowed and indicators continued to trend downward.

Key quotes

  • Should not over interpret figures from one quarter.
  • All instruments remain on the table.
  • Weaker German data does not necessarily mean a recession.

Source: Reuters.

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