Comments by ECB president, Christine Lagarde
ECB Lagarde:
We probably have passed the lowest point of the crisis
But cautious about the possibility of a second wave of infections
Economic recovery will be sequential
Does not want to attach recovery to any of the alphabet soup i.e. V, W
The recovery will be a complicated matter, there is a lot of uncertainty
Savings grew substantially over the past two months
It will take a while before that translates back into investments, spending
26 Jun 20 (Fri)
07:25 am
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