European Central Bank Leaves Rates Unchanged as Price Pressures Ease
Briefly

Inflation in the eurozone slowed to 2.4 percent in November, the lowest in two years, easing faster than economists expected. That's closing in on the European Central Bank's 2 percent inflation target as energy prices have dropped over the past year and food inflation has slowed.
The Governing Council's future decisions will ensure that its policy rates will be set at sufficiently restrictive levels for as long as necessary, the statement said.
Read at www.nytimes.com
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