September 19, 2021

ECB’s Philip Lane sees world economic expansion moderating in second half of the year

The fast-spreading Delta variant of Covid-19 is likely to have only a limited impact on the eurozone economy, which remains on course for robust growth this year and next, European Central Bank chief economist Philip Lane believes.

ith Delta spreading around the globe, stocks sold off last week on fears that the more contagious variant could thwart the global recovery from the pandemic and force governments to reintroduce debilitating lockdown measures.

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