Chances of a U.S. recession? Our three U.S. recession indicators – how near or far are those from being invoked? March 2019 Edition

We wrote about three slightly different U.S. recession indicators that have been predictive of the past few recessions and have been tracking how near or far are those from being invoked, here’s where we are in March 2019,

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The European Central Bank says interest rates would remain at record lows until the end of the year; Eurozone growth forecast slashed; New monetary stimulus TLTRO-III announced

The Governing Council of the European Central Bank (ECB) expects the key ECB interest rates to remain at their present levels at least through the end of 2019.

The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility are 0.00%, 0.25% and -0.40% respectively and these rates are expected to remain in place at least until the end of 2019.

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