Sentences with phrase «eurozone economy still»

European Central Bank head Mario Draghi says the expanding eurozone economy still faces «risks and uncertainties» — including a looming trade dispute with the United States — and has cautioned that inflation needs to rise further before monetary stimulus is ended.

European Central Bank head Mario Draghi says the eurozone economy still needs abundant stimulus to raise inflation to more normal levels even in the midst of a strengthening recovery.

Not exact matches

Some of that is for good reason — the eurozone's recovery is still extremely modest, China's growth is slowing (along with most other emerging markets) and investors are uncertain over the ability of the halfway - recovered US and UK economies to sustain higher central bank interest rates.

And the market still (largely) expects that the ECB will eventually undertake a larger QE program than what it is currently executing as the eurozone's economy continues to flag.

By contrast, the Eurozone and Japan are still in the midst of extended programmes of quantitative easing (QE) intended mainly to keep interest rates low along the length of the yield curve (rather than directly to boost the rates of growth of money and purchasing power), and hence to stimulate the two economies.

Nevertheless, with the ECB's own inflation forecast for 2019 still only at 1.7 %, our sense is that ECB President Draghi is likely to wait for far more compelling evidence that the eurozone economy is generating appropriate and sustainable levels of price increases before contemplating a change of stance.

But the eurozone economy is still weak overall and recovering only slowly from years of financial crises and recessions.

Equally in terms of the bigger picture the continuing uncertainty with regards to the global economy and the perilous situation in the Eurozone means the public and media are still willing to go along with the programme of cuts for fear of becoming another Greece.

Under Osborne, productivity is abysmal, business investment is weak, exports are struggling (despite the fact that, unlike the eurozone economies, we still have full control of our own currency thanks to the decisions of the last government).

A decade after the eurozone crisis began, the Italian economy is still in recovery.