President Lagarde presents the latest monetary policy decisions – 27 July 2023
Euro Matters – the European Central Bank Podcast
00:00
The Euro-Atlantic Economic Outlook
The near-term economic outlook for the euro area has deteriorated, owing largely to weaker domestic demand. High inflation and tighter financing conditions are dampening spending. Housing and business investment are showing signs of weakness as well. The economy is expected to remain weak in the short run. Over time, falling inflation, rising incomes and improving supply conditions should support the recovery.
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