About: http://data.cimple.eu/news-article/5b4ee26a06873277703b4dcec0fec302954da204c0db191c3f760796

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About: http://data.cimple.eu/news-article/5b4ee26a06873277703b4dcec0fec302954da204c0db191c3f760796 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Eurozone inflation accelerated sharply in December to 1.3 percent, official data said on Tuesday, but it still remains well below the European Central Bank's target of near two percent. The figure by the EU's Eurostat service is in line with the forecasts of analysts surveyed by financial data service Factset. In November, the annual inflation rate was 1.0 percent. Crucially, the eurozone's core inflation rate, which strips out volatile components such as energy, remained at 1.3 percent. The rise in prices comes after ECB chief Christine Lagarde last month announced a review of policy that is to include a closer look at persistently low inflation in Europe despite major stimulus. A central focus of the reassessment, the ECB's first since 2003, will be whether the bank's main objective of keeping inflation "close to, but below" two percent remains relevant after years of anaemic price growth. Lagarde said she also wanted to focus on "major changes" in society since the last review, including the challenges posed by climate change, technological advances and rising inequality. ECB governors relaunched their "quantitative easing" (QE) bond-buying scheme at 20 billion euros ($22 billion) per month from November in a bid to spur the prices. Amounting to 2.6 trillion euros since 2015, the scheme was designed to pump cash through the financial system and encourage lending, in turn stimulating growth and inflation. clp-arp/rmb/jh
schema:headline	Eurozone inflation rises to 1.3% in December
schema:mentions	Branch line European Central Bank Eurozone World energy consumption Eurostat Renminbi Christine Lagarde Inflation Global warming European Union Core inflation FactSet Quantitative easing
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-07 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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