Europe’s Central Bankers fear low incomes and high political volatility

(L) The President of the European Central Bank (ECB), Mario Draghi, speaks to media during a press conference in Frankfurt Main, Germany, 27 April 2017 (R) Governor of Central Bank of Sweden Ingves Stefan during hand shakes at Informal Meeting of Ministers for Economic and Financial Affairs (ECOFIN) in Riga, Latvia 25 April 2015.

Europe’s Central Bankers fear low incomes and high political volatility


Central Banks are not convinced the European economy is out in the clear, mostly because political risk overshadows strong economic fundamentals.
Sweden and Eurozone
On Thursday, both Frankfurt and Stockholm held their policy steady on crisis mode. The European Central Bank kept the deposit interest rates at -0,4%, while Sweden’s Riksbank in the unconventional -0,5%.

Both Central Banks will also continue their bond-buying programme. The Eurozone’s Governing Council is stepping on a break, g...


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