ECB Monthly Report

Written April 9, 2009 at 4:02 AM EST by  

ECB MONTHLY REPORT: INFLATION TO TURN NEG MID YEAR 2009
- Price pressures remain subdued on the back of lower commodity costs
- Sees gradual recover in course of 2010
- Euro-area financial system remains bank based
- Expectations for ECB inflation target remain firmly connected to mandated targets

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