ECB sees no consumption boom as rich have most of the savings | Hellenic Shipping News Worldwide
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The euro zone is unlikely
to see a new boom in consumption as savings accumulated during
the COVID-19 pandemic are largely held by the richest
households, the European Central Bank said in a blog.
Excess savings: To spend or not to spend
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Economic Bulletin Issue 6, 2023
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Why has housing lost its lure? Evidence from the ECB s Consumer Expectations Survey
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