Euro inflation forecasts slashed again

05 February 2016

 

Inflation forecasts in the eurozone have been slashed again by the European Commission to 0.5%, around half the rate of inflation forecast only last November and well below the ECB’s target of 2.0%, prompting further pressure on the ECB to add stimulus. Economic growth is tipped to rise slightly to 1.7% from 2015’s 1.6% but this is lower than the 1.8% growth also forecast in November. The eurozone faces strong...

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