• Higher tariffs, stronger euro and competition are holding growth back
  • Investment should be underpinned by government spending
  • Recent surveys point to growth both in the manufacturing and services sectors
  • Growth shows resilience of domestic demand
  • Economic risks more balanced (previously were tilted to the downside)
  • Inflation outlook is more uncertain that usual
  • Stronger euro could bring inflation down more than expected

She is upbeat so far.

The bolded comment led to immediate bids in the euro.

Source: Investing Live