Ex-ECB's Constancio Says Negative Rates Shouldn't Be Overused

The video discusses the eurozone's economic challenges, including Brexit and the need for fiscal policy. It highlights the impact of negative interest rates on financial stability and the importance of fiscal measures. The US-China trade war's effect on global investment is examined, along with potential outcomes of a trade deal. The role and limitations of central banks in addressing economic downturns are also explored.

What are the limitations of central banks in dealing with economic downturns according to the speaker?

In what way does the speaker believe fiscal policy should respond to economic challenges?

What does the speaker suggest about the current state of the markets and central bank actions?