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The European Central Bank says it doesn't intend to follow the US Federal Reserve's lead and ease its stimulus1 measures any time soon.
It says inflation is low, but unemployment remains2 high. However, it's still predicting a recovery later in the year.
“In terms of monetary3 policy, price stability is assured and overall economic outlook still warrants an accommodative stance. The exit, for which by the way is still distant, since inflation is low and unemployment is high. We see some signs of stabilizition sentiment even though uncertainties4 remain. And we expect that monetary stimulus and improvements in financial markets will support a recovery later in the year.”
And to the markets.
Wall Street is up thanks to better-than-expected US economic figures. And in London overnight, FTSE also rose.
To commodity prices.
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1 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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2 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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3 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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4 uncertainties | |
无把握( uncertainty的名词复数 ); 不确定; 变化不定; 无把握、不确定的事物 | |
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5 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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