Wednesday, April 23, 2014   

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:
Europe sees better government finances in 2013 (2 hrs 15 mins ago)
Better business activity in Europe: survey (2 hrs 25 mins ago)
Eurozone deficits improve, debt mounts (04-23 17:10)
China pork firm scales down IPO target (04-23 17:08)
Hang Seng, Shanghai fall at close (04-23 16:47)
China to increase natural gas supply (04-23 16:16)
China Mobile profit down (04-23 15:53)
European markets open flat (04-23 15:40)
Australia sees higher price levels in first quarter (04-23 15:13)
Nikkei rallies at close (04-23 14:16)

More breaking news >>

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