ECB boosts 2021 GDP forecast to 5.0% from 4.6%

GDP forecasts released Sept 9, 2021:

• 2021 GDP +5.0% vs +4.6% prior
• 2022 GDP +4.6% vs +4.7% prior
• 2023 GDP +2.1% vs +2.1% prior

These were previously boosted back in June.

Lagarde said the pandemic GDP losses should be recovered by year end.