Manufacturing PMI and Inflation in the Eurozone Reveal that Eurozone is Approaching Recession

<p>Latest indicators for virus-haunted Eurozone’s economic developments suggest that the region is very close to recession. While accelerating QE, ECB refrained from lowering the policy rate March. We expect it would be obliged to do so in April. Meanwhile, coordinated fiscal action by the European Commission might be needed as the largest economies in the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/284669-manufacturing-pmi-and-inflation-in-the-eurozone-reveal-that-eurozone-is-approaching-recession/">Manufacturing PMI and Inflation in the Eurozone Reveal that Eurozone is Approaching Recession</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>