The move last week by the European Central Bank (ECB) to cut its baseline rate from 0.5% to 0.25% sent the euro tumbling against the dollar and caused rally in equities.
October's inflation report from the ECB made grim reading. Concerns about more deflation took centre stage as the annual rate of inflation fell to 0.7% on the consumer prices index (CPI). This i...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
