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Added on the 04/11/2015 17:06:26 - Copyright : Reuters EN
The European Central Bank President Christine Lagarde warns that growth in the eurozone risks slowing further, while inflation could continue to rise beyond recent record highs. SOUNDBITE
The European Central Bank President, Christine Lagarde, announces that "further normalisation of interest rates will be appropriate" and that the "future policy rate path will continue to be data-dependent". The ECB has lifted its key interest rates by a surprise 50 basis points, its first hike since 2011 and more than expected as the eurozone grapples with rampant inflation and a looming energy crisis. SOUNDBITE by Christine Lagarde, President of the ECB
The European Central Bank slashes its growth outlook for the eurozone to 2.8 percent in 2022 and 2.1 percent in 2023, as Russia's invasion of Ukraine wreaks havoc on the world economy. SOUNDBITE
The eurozone's pandemic-induced recession is expected to be less severe than expected in 2020 at -7.3 percent, ECB chief Christine Lagarde says, but next year's rebound will be smaller than initially forecast. SOUNDBITE of Christine Lagarde
The European Central Bank slightly lowers its eurozone growth forecast for 2020 to 1.1 percent from 1.2 percent, but sees output strengthening in the following two years, according to President of the European Central Bank. SOUNDBITE from Lagarde
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