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Draghi's line on forex rates indicates dilemma

By Brenda Kelly - Chief Market Strategist IG

Date: Thursday 03 Apr 2014

Draghi's line on forex rates indicates dilemma

While still denying any deflation concerns, Mario Draghi has admitted that the longer the European inflation rate remains below target, the harder it will be to achieve the mandated price stability.

Inflationary pressures eased again in March’s flash consumer price index (CPI) estimate, failing to meet expectations and...

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