Eurozone warning: Economy slack could be BIGGER than thought and SLOW inflation rise

Eurozone warning: Economy slack could be BIGGER than thought and SLOW inflation rise
 

Mario Draghi told the European Parliament's Economic Affairs Committee that “EU economic recovery is solid, but inflation index is not good.”
He struck an optimistic tone about the euro zone economy but warned inflation has yet to show more convincing signs of a sustained upward adjustment.
Warning slack in the eurozone economy might be bigger than estimated, he said: ”Given the uncertainty surrounding the measurement of economic slack, the true amount may be larger than estimated, which could slow down the emergence of price pressures.
"This is particularly visible in the labour... read more

 
27 February 2018 in Business, Views: 35
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