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ECB monetary policy – At low inflation, little room for higher interest rates News

Friday, September 1st, 2017 | Economy

"As long as we have low rates of inflation and there may be various reasons for this, I see no prospect of higher interest rates," said the European Central Bank (ECB) Council member at a conference in Alpbach on Friday. Inflation in the eurozone has slightly increased in August. However, an inflation rate of 1.5 percent is still a little way off the target of the euro banknote, which aims at an inflation of just under two percent.
(Reuters)

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