economic

Fall in European economic risk

Economy / By adminblf / January 12, 2023 January 12, 2023

The resilience scenario has its downside since it implies that the ECB would continue to raise interest rates. While the consensus is for a recession this year, recent economic data shows clear European resilience. In the United States, things seem more confused, the labor market remaining dynamic while the purchasing manager indices (ISM/PMI) fell sharply. …

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