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ECB Lagarde: No complacency! Our accommodative monetary policy needs the support of fiscal policy

ECB President Christine Lagarde said in a press conference today, “this current moment is coined by this uneven, incomplete and asymmetric recovery that we have observed in the third quarter after a very catastrophic second quarter.”

“No complacency! Our accommodative monetary policy needs the support of fiscal policy, and none of us can afford complacency in the present time,” she urged.

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