Economics
Europe’s Economy Strains as Global Slowdown Takes its Toll
- Gauge of economic activity falls to lowest in more than a year
- Markit Economics says price cuts will increase pressure on ECB
Central Banks' Race to the Bottom on Negative Rates
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The euro area is showing signs of strain from the global slowdown.
Weaker growth and deeper price cuts by companies, as captured in a monthly report by Markit Economics published Monday, will raise concerns about the health of the economy. They may also increase pressure on European Central Bank policy makers to add to stimulus at their next meeting in March.