The Governor of the Central Bank of Ireland has said it would be “premature” to come to any conclusions as to what the next Donald Trump presidency will do which will impact the economy but what is clear is that the global economy is already “fragmented”. He noted that the global economy is “fragmented” which has “implications for the economic well being of everybody, as the financial system”. The fragmentation of the global economy did not start this year. The European Central Bank (ECB) is due to meet again next month to discuss another potential interest rate cut as inflation continues to slow. Are we going to cut in December, or are we going to wait till the next meeting?

Source: Irish Examiner November 18, 2024 13:12 UTC