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Author Topic: Davos 2014: Eurozone inflation 'way below target'  (Read 820 times)
benzone (OP)
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January 26, 2014, 12:07:57 AM
 #1

The head of the International Monetary Fund (IMF) has warned that deflation remains a real risk to economic recovery in the eurozone.

Despite signs of recovery across the world, Christine Lagarde said that potential risks must not be ignored.

One of these was the fact that eurozone inflation, at 0.8%, remained "way below" the 2% target set by the European Central Bank (ECB).

She was speaking on the final day of the World Economic Forum, in Davos.

Deflation can hinder growth, as prices and the value assets continue to fall.

More here: http://www.bbc.co.uk/news/business-25894050
Erdogan
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January 26, 2014, 02:57:44 AM
 #2

The head of the International Monetary Fund (IMF) has warned that deflation remains a real risk to economic recovery in the eurozone.

Despite signs of recovery across the world, Christine Lagarde said that potential risks must not be ignored.

One of these was the fact that eurozone inflation, at 0.8%, remained "way below" the 2% target set by the European Central Bank (ECB).

She was speaking on the final day of the World Economic Forum, in Davos.

Deflation can hinder growth, as prices and the value assets continue to fall.

More here: http://www.bbc.co.uk/news/business-25894050

She doesn't appear to know anything about money.
Lethn
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January 26, 2014, 11:49:21 AM
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What are all these people going to say I wonder when the system finally collapses in on itself? And collapse it will Cheesy

Also, I hate these people.
benzone (OP)
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January 26, 2014, 03:09:28 PM
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Lagarde doesn't know about money, system will collapse ... any serious comments?
alexeft
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January 26, 2014, 05:44:55 PM
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Lagarde doesn't know about money, system will collapse ... any serious comments?

System will collapse.
Or perhaps it will not but it will be stading on bail-ins, bail-outs, haircuts etc! Angry
Erdogan
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January 26, 2014, 06:39:53 PM
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Lagarde doesn't know about money, system will collapse ... any serious comments?

No, serious comments are not legitimized in the current reign.
thaaanos
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January 26, 2014, 09:29:12 PM
 #7

No shit miss Lagarde tell us something we don't already know, like what are you going to do about it?
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