#Latest news with #tradeShocksBloomberg4 days agoBusinessBloombergECB Should Take Timeout With Cuts ‘Nearly Done,' Stournaras SaysThe European Central Bank should take a break from lowering interest rates to give officials a chance to assess recent shocks, particularly from trade, according to Governing Council member Yannis Stournaras. 'Now the best thing is wait and see,' the Greek central-bank chief told Bloomberg Television. 'It's nearly done but with such uncertainty worldwide you can never say it's done.'
Bloomberg4 days agoBusinessBloombergECB Should Take Timeout With Cuts ‘Nearly Done,' Stournaras SaysThe European Central Bank should take a break from lowering interest rates to give officials a chance to assess recent shocks, particularly from trade, according to Governing Council member Yannis Stournaras. 'Now the best thing is wait and see,' the Greek central-bank chief told Bloomberg Television. 'It's nearly done but with such uncertainty worldwide you can never say it's done.'