FRANKFURT (Reuters) – The coronavirus epidemic poses a bigger a risk to the economy the longer it is allowed to last, the European Central Bank’s chief economist, Philip Lane, said on Thursday.
“More widespread contagion and a longer interruption in normal economic activity constitute additional downside risks to near-term projections,” Lane told an audience in London.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: Economy - investing.com
