ECB holds the stage, markets hold breath, with deflation in wings | Bangkok Post: news

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ECB holds the stage, markets hold breath, with deflation in wings

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FRANKFURT - The European Central Bank will be in the full spotlight of financial markets on Thursday when it meets to decide if and how to strike against deflation stalking the 18-member eurozone. 

The Euro logo is seen in front of the European Central Bank (ECB), in Frankfurt am Main, western Germany, on August 7, 2014

With economic recovery flagging badly and inflation falling ever deeper into a danger zone, the big decision for the bank is whether to spell out if and when it will open its cash floodgates.

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