ECB's Ability to Raise Rates in 2019 Questionable, de Longis Says

The video discusses the concept of cyclical turns, emphasizing their global occurrence starting from emerging markets to Europe and the US. It highlights the ECB's current policy stance, which remains unchanged despite deflationary threats being gone, and questions the feasibility of future rate hikes. The discussion also covers concerns about the economic outlook in Europe and the US, suggesting that growth might improve next year.

What is the significance of distinguishing between a cyclical turn and a recession?

How has the cyclical turn manifested globally according to the text?

What are the reasons for the ECB's decision to maintain its current policy?

What concerns are raised about the ECB's ability to adjust policy in the near future?

What is the forecast regarding growth and its impact on monetary policy next year?