Brussels, 07/11/2013 (Agence Europe) - The European Central Bank says that the eurozone economy will experience a prolonged period of low inflation without the risk of deflation, but on Thursday 7 November, it nevertheless decided to cut the major refinancing interest rate to the record low of 0.25% and the marginal loan facility rate to 0.75%, leaving the deposit facility unchanged at 0%. The markets were taken by surprise and did not react with much enthusiasm.
The head of the ECB, Mario...