ECBs de Guindos: Euro area economy is stagnating in 2nd half of 2023

  • Euro area economy is stagnating in 2nd half of 2023
  • Q4 GDP will likely be similar to Q3
  • Risks tilted to the downside
  • Current level of reates held for long enough and will likely tame inflation going forward. 

This article was written by Greg Michalowski at www.forexlive.com. Source