JPMorgan private bank strategists pointed out that if Germany's fiscal spending plan can boost the economy rise, the European Central Bank may slow down its rate cuts. By relaxing the austerity fiscal constraints and directing spending to neglected areas, the entire eurozone economy may be boosted. If fiscal measures stimulate the economy and improve credit, the European Central Bank may pause its aggressive rate cuts.
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JPMorgan private bank strategists pointed out that if Germany's fiscal spending plan can boost the economy rise, the European Central Bank may slow down its rate cuts. By relaxing the austerity fiscal constraints and directing spending to neglected areas, the entire eurozone economy may be boosted. If fiscal measures stimulate the economy and improve credit, the European Central Bank may pause its aggressive rate cuts.