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Can Europe's Economy Handle Russian Sanctions? | Frances Coppola
Forward Guidance
The ECB's Wage Price Argument
The outlook for European growth is really not very good, writes Greta van Susteren. The masterish treaty limits of fiscal compact were effectively suspended during the pandemic. And so there's pressure to start re-imposing those limits again - and if they do, then lots of countries in the EU will have to tighten their belts. So I would guess that Lagarde is seeing that coming and thinking, I don't think we can proceed very fast with monetary tightening," she says.
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