“The euro is a way to contain inflation in Europe.” More decreases in ECB types? Duce
In the previous future of the US economy in full chaos of the commercial and tariff war. Depending on private consumption and investment data, but providing low growth data. And waiting for Powell and the Fed about whether or not there is a decrease in interest rates, Rosa Duce, Cio de Deutsche Bank in Spain has detailed.
The US key is consumption, but now doubts is whether the accumulated savings of families become consumption or not. “If US consumption endures, the economy will not be negative.”
The problem for the investor is high political uncertainty, without a clear direction of what will happen to Trump and the Fed. “You cannot question the independence of the Fed in a developed country,” Duce insisted.
In Europe, the euro is a way to contain inflation in Europe with wages that grow with good employment figures. And this opens the doors to the ECB to continue down the types. For the conservative investor the key is fixed quality income.
