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ECB’s de Guindos Balance of risks has shifted from concerns about high inflation to fears over growth

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European Central Bank (ECB) Vice President Luis de Guindos said on Monday that “the balance of risks has shifted from concerns about high inflation to fears over economic growth.”

Additional takeaways

The growth outlook is clouded by uncertainty about economic policies and the geopolitical landscape.

Trade tensions could rise further, increasing tail risk of events materializing.


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