ECB's Weber: No inflation pressure in medium-term

The European Central Bank "does not currently see inflationary pressures in the medium term" in the 12-country eurozone, Bundesbank President Axel Weber said in a newspaper interview published on Thursday 22 July .

"Currently, we don't see inflationary pressures in the medium term," Weber told the daily Sueddeutsche Zeitung, signalling that the guardian of the euro is unlikely to announce any changes in eurozone interest rates, at least for now. As head of the German central bank, Weber sits o