ECB sees global economic slowdown in 2019

ECB sees global economic slowdown in 2019
The headquarters of the European Central Bank (ECB) and the Frankfurt skyline with its financial district are photographed on early evening in Frankfurt. File Photo
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Frankfurt: The global economy is set to slow down in 2019 and stabilise thereafter, the European Central Bank said on Thursday.

"Looking ahead, global economic activity is expected to decelerate in 2019 and remain steady thereafter," the ECB said in its regular economic bulletin.

"Global inflationary pressures are expected to rise slowly as spare capacity diminishes," it added.

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