30-03-2017 15:31 via uk.finance.yahoo.com

German, Spanish inflation ebbs, easing pressure on ECB

By Michael Nienaber and Paul DayBERLIN/MADRID (Reuters) - German and Spanish consumer inflation slowed more sharply than expected in March as oil prices slumped, data showed on Thursday, offering some respite to the European Central Bank as it faces pressure to wind down its monetary stimulus.The ECB has slashed interest rates into negative territory and adopted a bond-buying programme worth 2.3 trillion euros ($2.5 trillion) to counter the threat of deflation and revive growth in the 19-member
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