Author (Person) | Atkins, Ralph |
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Series Title | Financial Times |
Series Details | 1.10.11 |
Publication Date | 01/10/2011 |
Content Type | News |
Eurozone inflation surged unexpectedly to a three-year high of 3% in September 2011, adding to the dilemma facing the European Central Bank as an escalating debt crisis pushes the region towards recession. The acceleration weakened the case for an ECB interest rate reduction at its meeting on the 6 October 2011, although the euro’s monetary guardian was expected to press ahead with measures to provide extra liquidity to eurozone banks. Eurozone unemployment, meanwhile, saw a surprise fall in August 2011 |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
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