european central bank
Think tank says more stimulus is needed.
The ECB is tasked with setting monetary policy to keep inflation just below 2%, but inflation across the 17 EU countries fell to 0.8% in December.
The worst of the euro zone’s financial crisis seems to be over.
Eurozone leaders promise to pull out all the stops to keep union together.
ECB will cut benchmark refinancing rate by quarter point to 0.75%.