10/29, 3:05 PM (Source: TeleTrader)
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Lagarde: Eurozone not facing deflation risks 'at all'

President of the European Central Bank, Christine Lagarde, asserted on Thursday that the Eurozone's economy is not facing risks of deflation "at all."

Lagarde described the current economic situation as inflation being in negative territory, insisting "we don't call it deflation."

The ECB is holding a press conference following the announcement it has kept key interest rates unchanged.

Breaking the News / ND