The Limited Times

Now you can see non-English news...

Lagarde, financial tightening would now slow recovery

2021-11-03T11:01:14.265Z


"A tightening of financial conditions is not desirable now that purchasing power is already compressed by energy and fuel price increases, and would represent an unnecessary brake on recovery." (HANDLE)


(ANSA) - ROME, NOVEMBER 03 - "A tightening of financial conditions is not desirable now that purchasing power is already compressed by energy and fuel increases, it would represent an unnecessary brake on recovery".


    This was stated by Christine Lagarde, president of the ECB, sending a signal against the rise in market rates during a speech for the 175th anniversary of the Bank of Portugal.


   (HANDLE).


Source: ansa

All life articles on 2021-11-03

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.