The favourable outlook for the global economy is overshadowed by the threat of protectionism. In the euro area growth has picked up. Some of this acceleration is on a sustainable basis, but long-term growth is likely to remain slower than pre-crisis growth.
Articles tagged with "monetary policy"(32)
Continued accommodative monetary policy supports the return of the inflation rate towards the price stability objective
Growth picking up but inflation remains subdued
Editorial: Accommodative monetary policy to continue until a sustained adjustment in the path of inflation is reached
Are market expectations in line with the forward guidance of the ECB?
Forecast: Finland grows, and gathers more debt
Favourable developments and new concerns in the global economy
The euro area economy has now benefited from four years of unbroken growth, and this is expected to continue. The evolution of the global economy will be affected by the economic policy of the new US administration. A potential increase in protectionist actions may impair the expansion of the global economy and trade.