Tuesday, September 1, 2015   

Draghi says inflation and key rates will stay low for some time
(01-09 21:49)

European Central Bank chief Mario Draghi said in Frankfurt, Germany, today that he expects inflation to remain low for a while before prices inch higher.
He also added that the ECB expects that key interest rates “will remain at present or lower levels for an extended period of time.’’
"We may experience a prolonged period of low inflation to be followed by a gradual upward movement towards inflation rates below but close to 2 percent later on,'' he said in a statement.

   
Other Business breaking news:
European benchmarks lower (26 mins ago)
Nikkei falls by 3pc in afternoon trade (1 hr 41 mins ago)
Greenback drops in Asia (1 hr 43 mins ago)
Australia leaves rates unchanged (2 hrs 36 mins ago)
China, HK stocks drop at break (09-01 12:11)
Tokyo sell-off continues (09-01 12:03)
China stocks fall, regional markets extend losses (09-01 11:36)
China factory activity weakens further (09-01 11:30)
India reports 7pc first quarter growth (08-31 20:29)
Lower energy prices keep eurozone inflation low (08-31 18:21)

More breaking news >>

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