- ECB’s de Cos: Supply chain woes, rising raw material costs affect negatively economic recovery pace
Market news
25 October 2021
ECB’s de Cos: Supply chain woes, rising raw material costs affect negatively economic recovery pace
The European Central Bank (ECB) Governing Council member and Spanish central bank chief Pablo Hernandez de Cos said Monday, “supply chain problems and rising raw material prices affect negatively economic recovery pace.”
“Recent developments anticipate a significant downward economic outlook revision for 2021,” said de Cos.
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