The global economy after the British secession
The European Central Bank warned Thursday that the global economic outlook has become more uncertain after Britain vote for the exit from the European Union.
ECB said in the Economic Journal published: "The financial market volatility that followed the referendum on UK membership of the European Union was short-term," according to The "Reuters".
However, the uncertainty surrounding the global outlook is still going on, as the incoming data from the second quarter to a decline in global activity and trade show.
He said he was waiting for more information, including forecasts issued in September before taking any decision to adopt new measures.
He said the central bank "will act governing council (of the bank) if necessary, using all the tools available to him in order to achieve his goal."
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