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

Facebook may start production of its own microprocessors

Long-Term Alcohol Monitoring Could Be Possible With A New Injectable Chip Developed By U.S. Researchers

Sweden Now Has The First Electrified Road In The World

Over 270,000 Account Globally Banned From Twitter For Promotion Of Terrorism

Device Capable Of Hearing The Inner Voice Developed By Researchers

New mobile technologies will warn about natural disasters

The brewing industry welcomes blockchain

Asset-Sharing App Of Ryder Is Meant For Commercial Vehicles

Credit Suisse: China will become the leader in AI sphere

Five new technologies that will change the world

World Politics

World & Politics

Will Merkel accept Macron's plans for Europe?

USA and China are pushing North Korea to denuclearization

Germany's dilemma: Will the atomic energy win?

A Forceful Response To Syria Attack Will Be Given By U.S.: Trump

Is Trump’s Maximum Pressure Tactic On North Korea Succeeding Because Of China?

Why are Turkey-EU relations moving back?

Record-Breaking $39 Million raised for Rare Cancer Research in 2018 by Cycle for Survival

Hackers stole data of 5 million bank cards