A few months ago the ECB suggested a rate hike in the fall of 2019. It will finally be a rate cut in September. What is the forecast capacity of the ECB? Very weak, however the entire financial system is bent on the choices made by central banks.
This is what is worrying.

Related Topics
On the same topic
- 2 min
The German saving rate doesn’t depend on the ECB interest rates
There is a lot of talks about the German savings rate, which is supposed to have increased recently in response to the drop in interest rates, notably the ECB rates.…
- 1 min
The German recession is here
The risk of recession is increasing in #Germany. The figures for industrial production (-7.5% in Q2 at annual rate (see here)) set the context for the GDP figure to be…
- 1 min
Recession in Germany
German production fell -1.8% in June over one month (excluding construction). It has fallen in 5 of the last 6 quarters and in Q2 the decline is -7.5% annualized rate.…