Eurozone posts negative inflation, but QE still being questioned

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Initial estimates of the Eurozone CPI saw the headline inflation fall -0.2%, below consensus estimates of 0 to -0.1% while core inflation on an annualized basis which excludes volatile components such as fuel managed to rise to 0.8% beating estimates of 0.7%. While proponents of the ECB's QE program view the headline CPI reading as a trigger for the Central Bank to announce its QE purchase prog...


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