Buba's Stark - US growth slowdown coming true

Bundesbank deputy president Juergen Stark said on Monday he was pleased with the euro's appreciation and said the slowdown in US economic growth appeared to be materialising.

"The weakening of growth in the US seems to be coming true," Stark told reporters at a financial conference in Frankfurt. He was speaking as the dollar slumped across the board on Monday as investors, spooked by signs of economic slowdown, dumped the US currency in exchange for euros, Swiss francs and British pounds. The

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: