ECB’s Makuch: Unpredictability of Trump’s policies is the biggest risk for Euro area

More comments flowing in from the European Central Bank (ECB) Governing Council member and Head of Slovakia’s central bank Jozef Makuch, via Reuters, this time speaking about the US President Trump’s protectionist policies.

Trump is like an "unguided missile".

The unpredictability of his policies represents the biggest risk for the economy.

"He says something and in the end, something else happens".

The current slowdown in euro area growth driven by exports.

But projections for global economic development remain positive.

ECB Governing Council sees no signs of spillover from EM to Euro area.