4/16/2019

ECONOMISTS ''EURO ZONE'S'' FORECAST

FILE PHOTO: The headquarters of the European Central Bank (ECB)
and the skyline with its financial district are seen in the early evening in
Frankfurt,

ECONOMISTS trim euro zone's inflation and growth forecasts, ECB survey.

Economists are trimming their inflation and growth forecasts for the euro zone and warning of the risk of further cuts as uncertainties ranging from Brexit to trade wars make companies more reluctant to invest, a European Central Bank survey showed last Thursday.

The ECB's quarterly Survey of Professional Forecasters showed prices were expected to grow by 1.4 percent this year, 1.5 percent the next and 1.6 percent in 2020 - a cut by 10 basis points in each year compared to January's survey. [Agencies]

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