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The ECB and the Hesitant Eurozone Recovery

The European Central Bank (ECB) followed through with the central bank’s President Mario Draghi’s promise last month that the Bank would act decisively at their June meeting to counter the threat of deflation. At that time the most recent rate of inflation for the Eurozone was 0.7%. Today that rate is 0.5%. Further pressure on […] View the full post at: The ECB and the Hesitant Eurozone Recovery Related posts: G7: Economic Recovery to Start this Year Rapid Recovery ‘Extremely Unlikely’, Paul Krugman The Bullish Expectation of a V-Shaped Recovery May Well Be Misplaced
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