The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

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

Published Wed, Dec 2, 2015 · 09:50 PM
Share this article.

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 because they boost purchasing power.

KEYWORDS IN THIS ARTICLE

ECB

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here