European central bank trumps victory bad for world economy #

The European Central Bank (ECB) has not made a statement about Donald Trump's victory being bad for the world economy. However, the global financial markets did experience a significant reaction to the outcome of the 2016 US presidential election.

On November 9, 2016, the day after the election, global stock markets experienced a significant decline, with the Dow Jones Industrial Average falling by over 800 points, or 3.7%. The S&P 500 index also fell by 3.2%, and the Nasdaq composite index fell by 2.5%.

The reaction was largely driven by concerns about the potential impact of Trump's policies on the global economy, particularly his plans to impose tariffs on imports and renegotiate trade agreements. There were also concerns about the potential for increased protectionism and a rise in global trade tensions.

However, it's worth noting that the ECB did not make any specific comments about Trump's victory being bad for the world economy. The ECB's primary focus is on maintaining price stability and promoting economic growth in the eurozone, and it has continued to implement monetary policy measures aimed at achieving these goals.

In the months following the election, the ECB did take steps to stabilize the global financial markets, including implementing a series of monetary policy measures aimed at boosting economic growth and inflation in the eurozone. These measures included cutting interest rates, implementing negative interest rates, and launching a series of quantitative easing programs.

Overall, while the reaction to Trump's victory was significant, the ECB did not make any specific comments about the outcome being bad for the world economy.