ECB Lagarde: Transformation toward digitization and automation disinflationary

<p>ECB President Christine Lagarde said the coronavirus pandemic could accelerate the economy’s transformation towards further digitization and automation, with shorter supply chain. The transition to new economic model will be “disruptive”. “They will probably be more disruptive in the first two years, obviously hitting employment and production,” she added. “So the inflation dynamic will necessarily […]</p>
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