DAVOS, Switzerland—European Union economics chief Olli Rehn on Friday called on the European Central Bank to act on its 2% inflation target, warning that very low inflation in the euro area doesn’t support the bloc’s nascent economic recovery.
Euro-zone inflation has been declining for months and was 0.8% in December 2013, down from 2.2% a year earlier, according to Eurostat, the EU statistics agency.
“It’s important that…
Read more: ECB Urged to Act on Inflation
沒有留言:
張貼留言