Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

New virus-related restrictions heighten uncertainty, ECB's Lagarde says

10/18/2020 | 12:17pm EST
FILE PHOTO: FILE PHOTO: European Central Bank (ECB) President Christine Lagarde gestures as she addresses a news conference on the outcome of the meeting of the Governing Council, in Frankfurt

FRANKFURT (Reuters) - New coronavirus-related restrictions on everyday life in the euro zone add to the economic uncertainty, underlining the need for continued easy fiscal and monetary policy, European Central Bank President Christine Lagarde said on Sunday.

"It is clear that both fiscal support and monetary policy support have to remain in place for as long as necessary and 'cliff effects' must be avoided," Lagarde told an economic forum.

"New coronavirus-related restrictions currently being introduced across Europe will add to uncertainty for firms and households," she told a meeting of the G30, a group of financiers, central bankers and academics.

(Reporting by Balazs Koranyi; Editing by David Clarke)


© Reuters 2020
Latest news "Economy & Forex"
10:00aU.S. Jobless Claims Up 30K to 778K in Nov. 21 Week -- 2nd Update
DJ
09:57aEU chief says no-deal still possible despite progress in UK trade talks
RE
09:57aEUROGAS : Molecules – The Eurogas Newsletter (November 2020)
PU
09:55aPRESIDENCY OF REPUBLIC OF TURKEY : Qatar Emir Sheikh Tamim to Visit Turkey
PU
09:50aU.S. weekly jobless claims rise as COVID-19 infections surge
RE
09:50aANALYSIS : Feeling lucky? Bitcoiners who missed rally express relief and regret
RE
09:39aGlobal Trade Stages Rapid Recovery
DJ
09:38aWall Street opens flat as labor market recovery slows
RE
09:38aHIGHLIGHTS : Sunak delivers spending plans to parliament
RE
09:37aFACTBOX : UK's Sunak in borrowing spree to pay for COVID-19 hit
RE
Latest news "Economy & Forex"