d7a06d2f4bbeccd3a37b09ea4280d26e8f11ad01

Signs of European return to healthy inflation 'weakened'

Signs of a return to healthy inflation levels in Europe are fading, ECB chief Mario Draghi warned Thursday, announcing the bank would re-examine the scale of its anti-deflation defences in December. In a new sign that the European Central Bank could ramp up its controversial asset purchase programme to boost inflation, Draghi pledged to use “all the instruments available within our mandate” to put the eurozone back onto the path of positive price stability. In March, the ECB launched a quantitative easing (QE) scheme to buy more than 1.1 trillion euros ($1.2 trillion) in sovereign bonds at a rate of 60 billion euros per month at least until September 2016, in order to kickstart inflation, which eased to minus 0.1 percent in September before bouncing to 0 percent in October.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 2 weeks ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *