Wednesday, April 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:
Korea inflation sinks to near 16-year low (27 mins ago)
China PMI rebounds in March to 50.1: govt (28 mins ago)
Japan businesses wary, spending plans flat: survey (30 mins ago)
Google launches Chromebit (38 mins ago)
Yuan not yet ready for IMF basket: Lew (41 mins ago)
British economy grows faster than expected (03-31 18:14)
China home prices fall in March: survey (03-31 18:12)
German unemployment falls to new post-unification low (03-31 18:07)
No AIIB seat for Taiwan: Beijing (03-31 17:52)
HK retail sales jump in February (03-31 17:14)

More breaking news >>

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