Dec 14, 2018 8:38:38 AM | LGT Navigator
LGT Navigator: ECB: Risk balance tending slowly downwards
The European Central Bank (ECB) left its key interest rates unchanged and, despite a gloomy economic outlook, formally decided to end its bond purchases at the end of the year. In view of the weaker global economy, the ECB again revised its growth forecasts for the euro zone downwards. According to ECB President Mario Draghi, the risks to the growth outlook are still balanced, but the risk balance is slowly falling.