The European Central Bank (ECB) published the economic bulletin of its January monetary policy meeting this Thursday and here are some of the key highlights:
“¢ The incoming information about Euro-zone economic activity has surprised on the downside.
“¢ Economic indicators signal a moderation in the global growth momentum as well.
“¢ Rising labour cost pressures has not translated into further increases in price pressures.
“¢ Headline inflation could decline further over the coming months in wake of lower oil prices.
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