Fichtner, Ferdinand; Baldi, Guido; Dany-Knedlik, Geraldine - In: DIW weekly report : economy, politics, science : a … 8 (2018) 10/11, pp. 98-100
as the European Central Bank's (ECB) phasing-out of government bond purchases may somewhat curb growth in the U.S. and … investment activities. Monetary policy remains expansionary, but gradual increases in interest rates in major economies as well … the euro area. This would also weaken the expansion in emerging economies. Risks to global growth stem from protectionist …