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Weak inflation puts ECB in tight spot at Malta meeting
Published Sun, Oct 18, 2015 · 09:50 PM
Frankfurt
FALLING prices in the eurozone are turning up the heat on the European Central Bank (ECB) to prevent the single currency area from slipping into a dangerous downward spiral of deflation.
But many ECB watchers say they do not expect the guardian of the euro to take any action just yet when its decision-making governing council convenes in Malta this coming week.
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