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Added on the 16/06/2021 21:05:32 - Copyright : AFPTV - First images
The chair of the US Federal Reserve, Jerome Powell, predicts an annual inflation rate of 4.2 percent in 2021, up from the 3.4 percent forecast in June, dropping to 2.2 percent in 2022. SOUNDBITE
Paolo Gentiloni, European Commissioner for Economy, revises the eurozone's 2021 growth forecast "markedly" to 4.8 percent. Brussels had been expecting a 4.3 percent growth rate as the single-currency area recovers from the effects of the coronavirus pandemic and associated lockdowns. SOUNDBITE
US central bankers are slightly more optimistic about economic growth prospects over the next two years and see an improving employment picture, says Chair of the Federal Reserve, Jerome Powell. Speaking at a news conference, Powell says median forecasts show the unemployment rate falling to 5.0 percent next year and 4.2 percent the following year, a slight improvement over the last quarterly estimate. SOUNDBITE
ECB lifts 2018 eurozone growth forecast from 2.3% to 2.4%: Draghi. SOUNDBITE
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