12-04-2019 20:23 via uk.news.yahoo.com

ECB model suggests euro zone growth could slow further - sources

An internal European Central Bank model indicates the euro zone's economic growth could slow further in the second quarter, suggesting the projected recovery may be delayed even further, two sources familiar with the discussion said on Friday.The ECB's nowcasting model, presented to policymakers at Wednesday's Governing Council meeting, indicated quarterly growth was just above 0.2 percent in the first three months of the year and may be somewhat weaker in the second quarter, the sources, who as
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