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Cheap oil a bugbear for the ECB

Current prices are pushing inflation lower than it would like and fuelling concerns about the threat of deflation

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Falling oil prices can be both a boon and bane for the global economy, but for the European Central Bank they are now a major headache because they are keeping eurozone inflation much lower than it would like.

Frankfurt

FALLING oil prices can be both a boon and bane for the global economy, but for the European Central Bank they are now a major headache because they are keeping eurozone inflation much lower than it would like.

On paper, low oil prices should be positive for the economy

sentifi.com

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