BNY Mellon's Dhar Sees Little Chance ECB Will Raise Rates in 2019

The video discusses the economic slowdown in the eurozone, focusing on the ECB's challenges in ending quantitative easing (QE) and the low likelihood of interest rate hikes in 2019. It also touches on the UK's monetary policy amid Brexit uncertainties. The speaker expresses faith in central banks' data-driven approach, suggesting that the risk of policy errors is reduced if growth slows in the US and eurozone.

How does the speaker view the potential for a policy error from central banks?

What factors does the speaker believe central banks respond to primarily?