Euro-Area Services Slump Seen as New Source of Worry for ECB
August 21, 2020
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3:37Now PlayingEuro-Area Services Slump Seen as New Source of Worry for ECB
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as posted by the channelAug.21 -- The sharp slowdown in the euro-area economy is a source of worry for the European Central Bank, says BNY Mellon Senior EMEA Market Strategist Geoffrey Yu. The economy unexpectedly lost momentum this month as renewed travel restrictions and concerns about the coronavirus took a toll on services.
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