The European Central Bank’s (ECB) latest monthly bulletin highlights the well known fact that the bank is concerned about low inflationary pressures.
The bulletin says, “Expected path of inflation in 2016 is now “significantly lower”.
Key Points
Economic recovery continues on the back of private consumption, but is being held back by slowdown in export growth.
Latest indicators are broadly consistent with unchanged pace of growth.
(Market News Provided by FXstreet)