ECB Nowotny: see no need to move interest rates in near to mid-term

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24 October 2012

ECB Nowotny: see no need to move interest rates in near to mid-term

--Of transmission mechanism repaired, doesn't imply rate move follows
--See no inflation or deflation danger short to medium-term
--Eurozone's inflation expectations remain well anchored

U.S.: Crude Oil Inventories, +5.9

U.S.: New Home Sales, September 389 (forecast 386)

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