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Added on the 22/02/2019 07:44:33 - Copyright : Wochit
The economic outlook in the eurozone has "deteriorated", European Central Bank President Christine Lagarde warns after the institution implemented a fresh interest rate hike to tame inflation. SOUNDBITE of Christine Lagarde
The economic outlook in the eurozone remains "clouded by uncertainties" because of the coronavirus pandemic, but an accelerating vaccination campaign should bring about a "firm rebound" in 2021, says ECB chief Christine Lagarde. SOUNDBITE
Banda Aceh, Feb 22 (EFE/EPA).- The Central Bank of Indonesia has cut down the economic growth outlook for 2021 to 4.3 percent to 5.3 percent following the weak gross domestic product (GDP) from the fourth quarter last year.Indonesia previously expected the 2021 economic growth to reach between 4.8 percent to 5.8 percent. (Camera: HOTLI SIMANJUNTAK).SHOT LIST: INDONESIAN TRADERS DISPLAY THEIR GOODS AT A TRADITIONAL MARKET IN BANDA ACEH, INDONESIA.
"The path forward for the economy is extraordinarily uncertain and will depend in large part on our success in keeping the virus in check," says US Federal Reserve Chairman Jerome Powell. SOUNDBITE
The New York Stock Exchange rings the opening bell. Wall Street stocks resume their downward slide early as the economic toll mounts from the rapid near-shutdown of key industrial and services sectors. IMAGES
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to strength in the labor market despite a sharp slowdown in hiring last month. Bobbi Rebell reports.