A slowdown in euro zone business growth at the start of the second half of 2017, alongside declining inflation pressures in a key business survey, could put paid to expectations of a stimulus clawback by the European Central Bank later this year. Years of ultra-easy policy have bolstered still-solid growth, but inflation is nowhere near the European Central Bank's 2 percent target ceiling and even shallower price rises this month will provide a disappointing reading for policymakers. Germany and France, the two largest economies in the club, missed expectations, suggesting an ...
Euro zone business growth slows at start of second half of 2017
Germany and France missed expectations, suggesting an even more robust pace of business activity