Free Trial

MNI BRIEF: Risks To Growth Evident, Await Dec Forecasts -Rehn

MNI (LONDON) - Downside risks for growth implied by the ECB’s June projections have broadly materialised and December’s update will give a clearer look at the coming year, ECB governing Council member Olli Rehn said on Tuesday.

Speaking at a UBS conference in London, Rehn said the risks to growth from the outcome of the US election were evident, but there were also potential inflationary threats. Rehn pointed to risks from a weak global environment to eurozone manufacturing. (See MNI SOURCES: ECB Heads For 25BP Cut; Risks From Trump, Germany)

89 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

MNI (LONDON) - Downside risks for growth implied by the ECB’s June projections have broadly materialised and December’s update will give a clearer look at the coming year, ECB governing Council member Olli Rehn said on Tuesday.

Speaking at a UBS conference in London, Rehn said the risks to growth from the outcome of the US election were evident, but there were also potential inflationary threats. Rehn pointed to risks from a weak global environment to eurozone manufacturing. (See MNI SOURCES: ECB Heads For 25BP Cut; Risks From Trump, Germany)