for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

Stretched government budgets could slow full COVID recovery - BoE's Tenreyro

LONDON, Oct 7 (Reuters) - Bank of England interest rate-setter Silvana Tenreyro said the stretched budgets of governments around the world could hinder the full recovery of the global economy from the COVID-19 pandemic.

In an online speech to the British Chamber of Commerce in Argentina on Wednesday, Tenreyro also said shifts towards working from home and online shopping might bring medium-term productivity gains but there would be a short-term shock for many people. (Writing by William Schomberg, editing by David Milliken)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up