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6 months ago

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ECB sees no consumption boom as rich have most of the savings

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ECB sees no consumption boom as rich have most of the savings

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 posting on Thursday.

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ECB sees no consumption boom as rich have most of the savings

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ECB sees no consumption boom as rich have most of the savings

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