ECB's Makhlouf warns uncertainty will persist even if trade war passes
Tweet
Share
E-mailDUBLIN (Reuters) -Uncertainty in the global economy is likely to persist even if a global trade war proves short-lived, European Central Bank governing council member Gabriel Makhlouf said in a speech on Tuesday.
"Even if a full-blown trade war turns out to be short-lived, the uncertainty effects will persist for some time," said Makhlouf, the governor of the Irish Central Bank.
"Amplification risks from elevated public and private debt levels, and how these might ripple through the financial system, are a further downside risk."
(Writing by Conor Humphries; Editing by Andrew Cawthorne)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US House has enough votes to pass stopgap funds to prevent shutdowns on Oct. 1
- Trump says latest strikes on Iran are 'justified,' warns Tehran against retaliation
- Venezuela assembly approves court panel reform
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
