Eurozone inflation slows further in December, missing ECB targets
Further monetary easing likely to stay on the agenda, although growth, lending and jobs data have been strong
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Brussels
EUROZONE core inflation slowed for the second month in a row in December, a big headache for the European Central Bank, which has printed hundreds of billions of euros to kick-start price growth with little to show for it.
Inflation has undershot the ECB's target for nearly three years and even radical policy steps including 1.5 trillion euros (S$2.3 trillion) of asset purchases will take years at best to push price growth back towards 2 per cent, threatening the bank's credibility.
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