Brussels, 26/05/2014 (Agence Europe) - Downside risks to inflation, which it expects to remain on the low side for a long period of time, are the major concern at the European Central Bank.
“At present, our expectation is that low inflation will be prolonged but gradually return to 2%. Our responsibility is nonetheless to be alert to the risks that this scenario that might emerge and be prepared for action if they do. What we need to be particularly watchful for at the moment is the...