European Central Bank chief Christine Lagarde unleashed more stimulus yesterday to help the eurozone confront a second coronavirus wave, and warned that the outlook remained fraught with uncertainty over the pandemic’s evolution and the rollout of vaccines. At its final meeting of the year, the 25-member governing council boosted and extended their emergency measures to prop up the euro economy after a flare-up in Covid-19 cases halted a summer recovery and forced another round of restrictions. The services sector especially is suffering under the renewed shutdowns, Lagarde said, while consumers “remain cautious” as they fret over jobs and money despite unprecedented efforts from government
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