The sun rises behind the buildings of the banking district in Frankfurt, Germany, Sunday, Jan. 20, 2019. (Michael Probst/Associated Press)FRANKFURT, Germany — Multiple threats stalking Europe’s economy mean the European Central Bank could keep interest rates at rock-bottom levels longer than expected. Speculation about a possible longer path to the first rate increases in Europe since 2011 has grown ahead of the European Central Bank’s meeting Thursday. The reason for the doubts in Europe: the economy has slowed and faces worrisome hurdles in the months ahead. Those include a possibly chaotic Brexit, the U.S.-China trade dispute, and the threat of U.S. auto tariffs on the EU.
Source: Washington Post January 21, 2019 11:37 UTC