Italy's Visco Says ECB Has Firepower to Deal With Possible Crisis

The video discusses the increased pessimism about the global economy, focusing on trade and geopolitical concerns. It highlights the challenges faced by central banks, particularly in Europe, in dealing with potential crises. The debate over monetary policy, including negative interest rates and asset purchases, is explored. The impact of these policies on banks and the broader economy is also examined.

What are the main concerns regarding the current economic outlook mentioned in the text?

How has the uncertainty linked to geopolitical risks affected investment according to the speaker?

What is the speaker's view on the effectiveness of negative interest rates as a monetary policy tool?

In what ways does the speaker suggest that central banks can respond to the current economic challenges?

What are the potential risks associated with further negative interest rates for banks as mentioned in the text?