Europe ' s economic outlook worsens as high prices plague consumer spending

FRANKFURT, Germany -- The European Union has lowered its forecast for economic growth this year and next, saying inflation is taking a heavy toll on people's willingness to spend in shops — while higher interest rates are sharply restricting the credit needed for investment and purchases. The…#europeancommission #europeancentralbank #euro #paologentiloni #ecb #alexandervalentin #oxfordeconomics #ukraine #christinelagarde
Source: Reuters: Health - Category: Consumer Health News Source Type: news