Euro inflation at new low, OECD wants more easing

- Central Banking staff
- 31 Mar 2009

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The OECD on Tuesday urged the European Central Bank (ECB) to cut rates further and apply quantitative easing in a bid to stave off a severe economic contraction. The calls came as it emerged eurozone annual inflation in March had dropped to its lowest level since the single currency was introduced.

"The grim outlook for economic activity in the euro area and widespread evidence of falling inflation call for exhausting the remaining scope for further cuts," the OECD said in its latest Interim

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com