What is the current state of German export orders according to the text?
Pimco Says ECB Must Be Cautious of Looming European Risks
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Business, Social Studies
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The video discusses the static nature of 2019 inflation expectations and the impact of Chinese GDP on German manufacturing. It highlights a rebound in Chinese economic indicators, which is encouraging for the ECB. However, risks such as auto tariffs and declining German export orders persist. The ECB is advised to remain cautious due to low inflation levels.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
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What does the text suggest about the ECB's approach to inflation?
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