ECB uncertain about economic outlook but will know more in September
The account of the central bank’s July session showed officials were reluctant to draw conclusions as the breadth and scale of the recovery remains uneven and partial
20 August 2020 - 18:46
Frankfurt — European Central Bank (ECB) policymakers expressed uncertainty at their latest policy meeting about the economic outlook and the extent to which they’ll have to deploy monetary stimulus.
The account of their July session showed officials were reluctant to draw conclusions from early signs of economic recovery after pandemic lockdowns were eased. Chief economist Philip Lane told the gathering that the breadth and scale of the recovery remains uneven and partial...
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