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European Central Bank: Global politics now the bigger risk – NewsOn6.com – Tulsa, OK – News, Weather, Video and Sports – KOTV.com

collected by :kiven Dixter

FRANKFURT, Germany (AP) — The head of the European Central Bank says global political events like Brexit and turbulent election campaigns in Europe pose increasing risks for the economy.
Nineteen of the members are the heads of central banks from the member countries — several of which need the stimulus far more than Germany.
The bank made some tweaks to its policy statement, dropping wording that said it “stood ready” to use its powers to apply more stimulus.
And Britain is due to start its official divorce talks with the European Union within weeks.
He said underlying inflation across the region is still too weak for the bank to start the process of withdrawing its monetary stimulus efforts.

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European Central Bank: Global politics now the bigger risk

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European Central Bank: Global politics now the bigger risk – NewsOn6.com – Tulsa, OK – News, Weather, Video and Sports – KOTV.com

European Central Bank: Global politics now the bigger risk - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com*/

Hawaii has filed a lawsuit against President Donald Trump’s new travel ban, saying the order will harm Muslims, tourism and foreign students.
Washington state’s attorney general is asking a federal judge to affirm that an order blocking President Donald Trump’s first travel ban will also apply to a revised travel ban.
A proposal to replace the Obama health care law would eliminate a pillar of funding for the nation’s lead public health agency.
Some of the states that helped derail President Trump’s first travel ban are now mounting efforts to block his second one.
New U.S. President Donald Trump has raised uncertainty about U.S. policy on trade as well as toward the dollar by at one point mentioning the currency was “too strong.”

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