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Added on the 10/12/2020 15:41:27 - Copyright : AFPTV - First images
The European Central Bank slashes its growth outlook for the eurozone to 2.8 percent in 2022 and 2.1 percent in 2023, as Russia's invasion of Ukraine wreaks havoc on the world economy. SOUNDBITE
China's economy will grow slower than initially expected this year owing to a stronger-than-anticipated "fiscal tightening," IMF chief economist Gita Gopinath says. SOUNDBITE
European Central Bank governors did not "discuss rate cuts at all" at their meeting on Thursday, president Christine Lagarde says, as the institution freezes borrowing costs again. "We did not discuss rate cuts at all. No discussion or debate on this issue." Lagarde tells a press conference, as the central bank seeks to douse growing market hopes of early drops in interest rates next year. SOUNDBITE
The economic outlook in the eurozone has "deteriorated", European Central Bank President Christine Lagarde warns after the institution implemented a fresh interest rate hike to tame inflation. SOUNDBITE of Christine Lagarde
The European Central Bank President Christine Lagarde warns that growth in the eurozone risks slowing further, while inflation could continue to rise beyond recent record highs. SOUNDBITE
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