ECB President Lagarde spoke on Saturday – expects euro zone faces 2 years of disinflation
Summary
By sueyangfx.com July 06, 2020 at 12:52AM European Central Bank President Christine Lagarde said the euro zone faces about two years of downward pressure on prices – then a turnaround after that because the coronavirus crisis will accelerate the transformation […]
More On EUR
- Euro Forecast: EUR/USD Confronts FOMC and Geopolitical Tensions
- Euro on defensive as traders fret over Ukraine tension, hawkish Fed
- Euro Price Forecast: EUR/USD Locked and Loaded on FOMC Trade Unwind
- Dollar, Euro Down as Ukraine Tension, Fed Policy Concerns Continue
- Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting
July 06, 2020 at 12:52AM
European Central Bank President Christine Lagarde said the euro zone faces about two years of downward pressure on prices
– then a turnaround after that because the coronavirus crisis will accelerate the transformation of the economy
In the meantime though ECB to keep monetary policy exceptionally loose