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Uncertainty undermines confidence in global economy - ECB's Praet

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05/15/2019 | 02:22pm EDT
Peter Praet, executive board member of the European Central Bank (ECB) delivers his speech at the conference

BRUSSELS (Reuters) - Persistent uncertainty is undermining confidence and creating major risks to the global economy, the European Central Bank's chief economist said on Wednesday.

Peter Praet, whose mandate runs out at the end of the month, cited Brexit and trade tensions as two sources of uncertainty.

(Reporting By Francesco Canepa; Editing by Janet Lawrence)

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRITISH POUND (EUR/GBP) 0.34% 0.8813 Delayed Quote.-1.79%
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