ECB Will Probably Lift Growth Forecasts Next Week, Lagarde Says
Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The European Central Bank’s new forecasts next week will probably feature a more optimistic outlook for economic growth, according to President Christine Lagarde. The 20-nation nation euro area has been more resilient than feared to the US tariff onslaught, Lagarde told the Financial Times Global Boardroom event. She highlighted that the European Union hadn’t retaliated to those measures, while the euro hasn’t depreciated and the labor market remained robust.