Europe: Expect growth will slow modestly in H2/16 – RBC Economics

Research Team at RBC Economics, notes that the euro area continued to grow at a modest pace with a 0.3% increase in Q2/16 GDP.

Key Quotes

“We expect growth will slow modestly in H2/16 as Brexit effects take hold, but that should not stop the currency zone’s recovery from continuing.

The ECB is expected to tweak the rules governing its asset purchase program to make it easier to reach monthly purchase targets.”