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Added on the 15/12/2022 12:42:56 - Copyright : France 24 EN
Eurozone inflation is likely to stay higher for longer than expected but is still set to come down later this year, European Central Bank chief Christine Lagarde says. SOUNDBITE
German business morale improved unexpectedly in October, hitting its highest level in 2-1/2 years, suggesting company executives have become more optimistic about the growth prospects for Europe's largest economy. Sonia Legg reports
German business morale improved unexpectedly in October, hitting its highest level in 2-1/2 years, suggesting company executives have become more optimistic about the growth prospects for Europe's largest economy. Sonia Legg reports
U.S. stocks closed sharply higher with a rally in technology stocks sending the Nasdaq to a 15-year high. Bobbi Rebell reports.
Consumer inflation in China slowed more than forecasted pressuring the central bank to curb further deflationary risks. Meg Teckman reports.
"My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power," US Federal Reserve Chair Jerome Powell says in Washington. SOUNDBITE
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