Europe’s economy is slowing again, underpinning the Fed’s worries about weaker global demand on U.S. growth
Europe’s economy is slowing again as its factories count the cost of increased uncertainty about global trade rules, underpinning worries at the Federal Reserve about the impact of weaker world demand on U.S. growth.
The slowdown is a fresh indication that the global economy had a weak second quarter, with the U.S. and China also losing some momentum in the three months through June. The prospect of a global slowdown has prompted a number of central banks, including the Fed, to provide fresh stimulus or consider such a move.
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