This is Michael Steen in the Financial Times: Inflation in the eurozone dropped unexpectedly to an annual rate of 0.7 per cent in October, far below the European Central Bank’s target of close to but below 2 per cent, and significantly increasing the chances of an interest-rate cut. The so-called “flash” estimate by Eurostat, the EU’s statistical office, … Continue reading End the euro crisis now with a 10% M3 target