UPV - European Central Bank Dilemma Reflects The Problems Europe Is Facing
Growth in the eurozone is decreasing.
Consequently, the European Central Bank, under the leadership of its president, Mario Draghi, which just ended its multi-year effort at quantitative easing, is concerned about moving to a more restrictive stance.
Mr. Draghi "has signaled that the bank will act if evidence of a prolonged slowdown in momentum continued to mount," according to Claire Jones in the Financial Times.
But, how serious is this “slowdown”?
Well, the growth rate for the eurozone was put at 0.2 percent for the fourth quarter of 2018.
The European Commission’s statistics bureau