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Europe's outlook darkening, ECB head hedges on recession

Por: Associated Press Business September 26, 2022

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FRANKFURT, Germany (AP) — 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 pushed up by the war in Ukraine 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 baseline scenario was... + full article



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