ECB's Vujcic: Best thing to do is wait-and-see given high level of uncertainty

I cannot remember a better time to be a central banker, as it is equally avoiding them.

There is some optimism on development and inflation is falling. Today there is a ‘stagflation’ story in the UK, but elsewhere you can argue that it is opposite, with development and inflation is low.

So there is not a large crowd to cut rates in Europe. I think if the business is afraid of war that some real and/or Chinese growth gets disappointed, it can be a mistake, but the risk moves in both ways.

This article was written by Adam button on www.forexlive.com.



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