Euro zone slowdown has bottomed but no big bounce in sight - Reuters poll [Reuters]
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Source: Reuters
Euro zone slowdown has bottomed but no big bounce in sight: Reuters poll BENGALURU (Reuters) - The slowdown in euro zone economic activity has probably bottomed out, according to a Reuters poll, which showed while the outlook for growth and inflation remained lukewarm the chances of a recession have faded somewhat. That comes after the European Central Bank aggressively eased policy, including cutting its deposit rate deeper into negative territory in September and later resuming its asset- purchases program. Economists polled by Reuters Jan. 13-16 were slightly more upbeat compared with the previous few months, amid improved sentiment around the U.S.-led trade war. But the majority made little change in their point forecasts for growth and inflation for this year, next year and 2022. Nearly 80% of economists who answered an additional question said euro zone economic activity had bottomed out. “Economic growth has bottomed out, but we don’t think it will pick up by much anytime soon,
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