Monday, September 08, 2014 1:42:41 PM
"Many economists have said the ECB should have begun quantitative easing, like the Fed program, months ago to avert the threat of deflation, a downward spiral of prices that can lead to high joblessness. Annual inflation in the eurozone was 0.3 percent in August, according to an official estimate."
http://www.bostonglobe.com/business/2014/09/04/european-central-bank-start-asset-purchases-after-further-rate-cut/5jOxyBUJibntTKMkarz79K/story.html
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