Battered Eurozone Could See More Economic Stimulus in the Fall

FRANKFURT—European Central Bank officials signaled that they could roll out new monetary stimulus in the fall to shore up economic growth, as the region wrestles with rising unemployment and a possible wave of corporate bankruptcies.

While ECB officials signaled relief that the 19-nation currency union had avoided an even deeper downturn, they warned of possible turbulence ahead as governments start to wind down policies aimed at supporting businesses and workers through the coronavirus pandemic, according to the minutes,…



Source link

Leave a comment