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WikiFX Express

IKAR raises Russian 2022 wheat production forecast 83.5 million tonnes

ECB may need to cut growth outlook further -Lagarde

WikiFX

| 2022-04-21

Abstract：WASHINGTON (Reuters) – The European Central Bank may need to cut its growth outlook further as the fallout of Russias war in Ukraine weighs on households and businesses, ECB President Christine Lagarde said on Thursday.

WASHINGTON Reuters – The European Central Bank may need to cut its growth outlook further as the fallout of Russias war in Ukraine weighs on households and businesses, ECB President Christine Lagarde said on Thursday.

“Risks are skewed to the downside for growth – so there might be more cuts to come – and to the upside for inflation,” Lagarde told a panel discussion at the International Monetary Fund.

Reporting by Balazs Koranyi Editing by Chris Reese

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