Eurozone inflation Up at 0.9
Percent in November
from AP 29 Nov 2013, 2:13 AM PDT
(AP) Eurozone inflation up at 0.9 percent in November
BRUSSELS
Official figures show that the
inflation rate in the 17-country eurozone rose modestly in November, a
development that may ease the pressure on the European Central Bank to loosen its monetary policy further next
week.
Eurostat, the EU's statistics office, says Friday that consumer prices were up
0.9 percent in the year to November. That's up from October's 0.7 percent rate
and slightly ahead of market expectations for 0.8 percent.
Still, inflation remains well
below the ECB's target to keep inflation just below 2 percent. It was the sharp
fall in October that prompted the central bank to cut its main interest rate to
a record low of 0.25 percent.
Separately, Eurostat says
unemployment across the eurozone eased from September's record high of 12.2
percent to 12.1 percent in October.
European Central Bank
European
Central Bank is the central bank for the European Union (EU), and sets monetary policy for the eurozone.
Note: Mario Draghi is the
president of the European Central Bank,
an honorary trustee at the Brookings
Institution (think tank), and was a managing director at the Goldman Sachs Group Inc. (Bailout Company).
Foundation
to Promote Open Society was a funder for the Brookings Institution (think tank).
George
Soros is the chairman for the Foundation
to Promote Open Society.
Cyrus F.
Freidheim Jr. is an honorary trustee at the Brookings Institution (think tank), and a member of the Commercial Club of Chicago.
Kathleen
Brown is a member of the Commercial
Club of Chicago, the California state government governor Jerry Brown’s sister, and a senior
adviser for the Goldman Sachs Group Inc.
(Bailout Company).
R.
Eden Martin is the president of the Commercial
Club of Chicago, and counsel at Sidley
Austin LLP.
Michelle
Obama was a lawyer at Sidley Austin
LLP.
Barack
Obama was an intern at Sidley Austin
LLP.
Newton
N. Minow is a senior counsel at Sidley
Austin LLP, and a member of the Commercial
Club of Chicago.
Valerie B. Jarrett
is a member of the Commercial Club of
Chicago, the senior adviser for the Barack
Obama administration, and her great uncle is Vernon E. Jordan Jr.
Vernon E. Jordan Jr. is Valerie B. Jarrett’s great uncle, an
honorary trustee at the Brookings Institution (think tank), a director
at the American Friends of Bilderberg (think tank), and a 2008 Bilderberg
conference participant (think tank).
Mario
Draghi is an honorary trustee at the Brookings
Institution (think tank), the president of the European Central Bank, and was a managing director at the Goldman Sachs Group Inc. (Bailout Company).
European
Central Bank is the central bank for the European Union (EU), and sets monetary policy for the eurozone.
James A. Johnson is an honorary trustee
at the Brookings Institution (think
tank), a director at the Goldman
Sachs Group Inc. (Bailout Company), a member of the American Friends of Bilderberg
(think tank) and a 2008 Bilderberg conference participant (think tank).
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