ECCB Governor Says Inflation Falling, But Not Fast Enough

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In a Christmas message, the Eastern Caribbean Central Bank (ECCB) Governor Timothy Antoine reiterated the strength of the EC dollar and noted falling inflation.

However, Antoine highlighted the threat of the climate crisis to macroeconomic and financial stability.

“The climate crisis remains a clear and present danger for macroeconomic and financial stability,” Antoine asserted.

“Inflation is now falling, albeit not fast enough,” Antoine declared.

But the ECCB Governor noted that the pace of economic activity had quickened.


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