BERLIN (Reuters) – The European Central Bank is looking carefully at the impact of the coronavirus but such episodes in the past have typically seen economies and markets rebound after a short-term hit, Philip Lane, the bank’s chief economist said on Wednesday.
“Let’s see – it depends on how quickly it is contained,” he told reporters on the sidelines of an event in Berlin.
“The history is clear: typically these events don’t last forever. Once they are over there is a bounce back in the markets, in the real economy,” he added.
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Source: Economy - investing.com
