Daily Management Review

Global Trade At The Risk Of Getting Hurt: ECB’s Visco


03/15/2017


The economic policies of Trump worries policy makers at ECB who foresee the possibilities of a hike in the interest rates of the U.S.



Ignazio Visco is the policy maker at the European Central Bank, who informed that the global trade could get hurt by the economic policies observed by President Trump, whereby speeding up an increment in the interest rates of the U.S. Addressing the “Italian foreign ministry”, Visco stated:
“Given the current situation of the U.S. economy, which is close to full employment, strong fiscal expansion risks having a pro-cyclical impact”.
“In such a case, the process of normalizing monetary conditions undertaken by the Federal Reserve could be less gradual”.
 
In fact, Visco thinks that emerging market could be expose the hurt and he also added that:
“The consequent appreciation of the dollar and increase in medium-to-long-term interest rates, which up until now have been contained, could accentuate and reverberate their impact on international markets”.
 
 
References:
http://www.reuters.com







Science & Technology

How China became a pioneer of the solar industry

CNBC: Intel leaves the wearable gadgets market

Oculus Rift falls in price…again

Ukraine Police Official Says Likely Cover For Malware Installation Was Global Cyber Attack: Reuters

Researchers See 'Wannacry' Link As Another Cyber Attack Sweeps Globe

AEON and IBM to create a blockchain platform

Toyota & Cartivator Are Building Flying Cars To Light Up The Olympic Flame Of 2020

Stock trading computers are not a future anymore

Temper Technology With Humanity - Apple's Cook Tells MIT Graduates

As Spying And Crime Tools Mix, Blame Game For Cyber Attacks Grows Murkier

World Politics

World & Politics

CNN: Rex Tillerson may leave the post of US Secretary of State

Its South China Sea Territory Being Protected By Indonesia From 'Foreign' Threats

A Swarm-Like Attack From North Korea Could ‘Overwhelm’ South Korea's THAAD Missile Shield

Powerty in Italy tripled in 10 years

Hackers steal a businessman's reputation in Sweden

PWM reveals best citizenship-by-investment programs

Austria gathers troops to shelter itself against refugees

In Thirty Years Human Beings Will Work Only 'Four Hour A Day', Predicts Jack Ma