Chief of Army Staff General SM Shafiuddin Ahmed fires a shooting gun at the concluding day of Airgun Championship-2022 at Bangladesh Shooting Sports Federation in the city’s Gulshan on Saturday. ISPR photo

20 Mar 2022, 12:00 am0

Low inflation in eurozone fuels ECB rate speculation

AFP, Frankfurt :The European Central Bank sits down to its regular monthly policy meeting Thursday amid speculation that weaker-than-expected eurozone inflation data could prompt a cut in interest rates.Data compiled by the EU’s statistics agency Eurostat last week showed that eurozone inflation slowed to 0.7 percent in January from 0.8 percent in December, way below the ECB’s target of just below 2.0 percent.The phenomenon is known as disinflation, as opposed to deflation when prices fall in real terms.The ECB has...

7 Feb 2014, 12:00 am