Exchange rate usd to euro calculator: EUR/USD to Remain Subdued for Longer say Commentators Eyeing Little Support from the ECB

“After years of stimulus, years of negative interest rates, that we are still in a conundrum on growth is a bit puzzling,” says Jean Raby, CEO of Natixis Investment Managers . “The downgrade of growth from 1.7% to 1.1% in 2019 is kind of an eye-opening, that said, it may simply mean, we will be in a growth environment that is going to be slower in Europe, for longer, and right now, I think, most market observers do not expect any start of normalisation of interest rate policy in 2019.”

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