Speaking at the European Parliament’s Committee on Economic and Monetary Affairs, ECB President Christine Lagarde flagged “weaker” short-term growth prospects for the Eurozone, citing slowdown in services and persistent contraction in manufacturing. Despite this, she projected a gradual recovery in consumer spending and investment as monetary tightening effects fade and real incomes improve. Lagarde cautioned, […]

The post ECB’s Lagarde highlights Eurozone growth risks and trade vulnerabilities appeared first on Action Forex.