Central banks warn 2019 could bring great uncertainty for global economy

Central bankers’ concerns about the coming year were on display on Thursday as they warned the global economy could be entering a period of great uncertainty.

The European Central Bank said risks to growth are deteriorating, even as it halted its flagship stimulus program. Authorities in Switzerland and Norway cited threats with considerable potential for damage, and China’s central bank chief said his economy is facing headwinds.

The warnings come a week before the Federal Reserve announces its next policy decision. Officials appear to be reassessing the outlook after Chairman Jerome Powell hinted that path for U.S. interest-rate hikes next year won’t