Euro-Region Industrial Output Unexpectedly Increases – Bloomberg 10-12-12

Salient to Investors:

Martin van Vliet at ING said a sharp reversal in September is possible, given the slowing global economy and the fiscal squeeze in the euro zone – any upturn in euro-zone industrial activity will be modest.

IMF forecasts 3.3 percent global growth in 2012, the weakest pace since the 2009 recession, and sees “alarmingly high” risks of a steeper slowdown. 

Alessandro Tentori at Citigroup expects the ECB to cut 25 basis points in December followed by further easing in Q1 20123, though monetary policy alone can’t work in such an environment.

Read the full article at http://www.bloomberg.com/news/2012-10-12/euro-region-industrial-output-unexpectedly-increased-in-august.html