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Europe's outlook 'darkening,' ECB head hedges on recession

Por: ABC News Business September 26, 2022

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FRANKFURT, Germany -- The head of the European Central Bank said Monday that the economic outlook “is darkening” and she expects business activity to “slow substantially” in the coming months as high energy and food prices pushed up by the war in sap consumer spending power. ECB President Christine Lagarde hedged her remarks to the European Parliament regarding whether the eurozone would sink into recession, saying the bank's... + full article



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