ECB’s Lane sees high degree of uncertainty on global economy

FXStreet (Mumbai) - While speaking in an interview with the Irish Times earlier today, European Central Bank (ECB) Governing Council member Philip Lane noted that external headwinds persist as global uncertainty remains high on the back of renewed China slowdown worries.

Key Quotes:

There is an unusually high amount of uncertainty in the global economy at the moment

Chinese authorities have a lot of policy space to intervene in slow down of economy

If data flow over next number of months shows more quantitative easing needed, more can be done

If more needs to be done on monpol, more can be done