Thursday September 24, 2020

ECB raises euro zone growth forecast

Draghi sees Brexit among risks facing world economy

2nd June, 2016
ECB president Mario Draghi says inflation will stay low for the next few months Pic Getty


European Central Bank has raised its forecasts for euro zone economic growth and inflation for this year.

ECB President Mario Draghi told reporters the bank now expected the euro zone economy to grow by 1.6 per cent this year, compared with a previous forecast of 1.4 per cent. But the forecast for 2017 was left unchanged at 1.7 per cent, while the 2018 forecast was reduced...

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