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ECB's Lagarde on CNBC: Recovery is delayed but not derailed
ECB'S LAGARDE ON CNBC: RECOVERY IS DELAYED BUT NOT DERAILED
— Breaking Market News (@breakingmkts) April 9, 2021
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If necessary we can “expand and extend” the emergency pandemic bond buying program beyond March 2022 when it is set to end - @Lagarde
— Sara Eisen (@SaraEisen) April 9, 2021
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MORE ECB'S LAGARDE: 'WE ARE VERY FAR AWAY' FROM OUR INFLATION TARGET#christinelagarde #eurozoneeconomy
— Mace News (@MaceNewsMacro) April 9, 2021
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Lagarde sees strong rebound for EU economy in second half, expects U.S. to meet inflation goal soon
Despite a difficult struggle against the Covid-19 pandemic, the European Union will hit its economic stride later this year, European Central Bank President Christine Lagarde told CNBC on Friday. Multiple parts of the euro zone have been hit by a renewed wave of coronavirus cases, leading officials to institute another round of shutdowns just as other developed economies are looking to rev up. While acknowledging that the lockdowns are putting a dent in growth, Lagarde said she’s optimistic that things will pick up. “Light is at the end of the tunnel,” Lagarde told CNBC’s Sara Eisen on “Closing Bell.” ... (full story)