Description
Added on the 09/09/2021 17:06:19 - Copyright : EFE Inglés
European Central Bank President Christine Lagarde warns that the rapid rise in coronavirus cases fuelled by the Delta variant poses "a growing source of uncertainty" for the eurozone economy. SOUNDBITE
Various Asian Cities, Sep 28 (EFE/EPA).- Economic recovery following the first year of the pandemic in East Asia and the Pacific has been slowed by the spread of the delta variant of Covid-19, according to the World Bank on Tuesday.The East Asia and Pacific region recorded fewer infections and deaths in comparison with other regions of the world during 2020.However, the delta variant has severely hit the region this year, as it recorded a high number of cases and fatalities in many countries. (Camera: ARCHIVE).SHOT LIST: ECONOMIC ACTIVITIES AND DAILY LIFE AMID PANDEMIC IN BANGKOK, THAILAND; BEIJING, CHINA; BALI, INDONESIA; HANOI, VIETNAM; AND SINGAPORE.
The U.S. should delay a rate hike until the first half of 2016 until there are signs of a pickup in wages and inflation, says IMF Chief Christine Lagarde. Rough Cut (no reporter narration).
European Central Bank President Christine Lagarde says the institution will freeze borrowing costs again on Thursday but warns that inflation could pick up again in the near term, in an apparent pushback against market hopes of early rate cuts in 2024. It is the second time in a row the central bank has held rates, following a run of historic hikes to tame runaway price rises. SOUNDBITE
European Central Bank President Christine Lagarde says Eurozone inflation is slowing but is still expected to be "too high for too long", as the ECB raises interest rates for the ninth consecutive time. SOUNDBITE