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By Petr Krpata, Chief EMEA FX and IR Strategist et al.
As Covid-19 spreads across Europe causing more and more countries to take extraordinary measures, Central and Eastern Europe is no exception. Following some big market and central bank moves, our CEE specialists have updated our forecasts for growth and policy rates
Tricky months ahead
After updating our short-term outlook for major developed economies, we turn our attention to the CEE countries.
We collectively downgrade the 2020 GDP outlook on the back of coronavirus fears. However, the reaction function will differ a bit. We