ECB’s Nowotny: ECB should look through oil-price impact on inflation

ECB Governing Council member Ewald Nowotny was out on the wires now, via Reuters, making a speech in Vienna.

Key Points:

ECB should look through oil-price impact on inflation.                    

China: Capital outflow pressure has fallen - Westpac

Frances Cheung, Research Analyst at Westpac, Capital outflow pressure has fallen, while China maintains a small current account surplus. Key Quotes
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US: Fiscal stimulus looming - NAB

Tony Kelly, Senior Economist at NAB, points out that both the US House of Representatives and the Senate recently passed bills to cut US taxes by arou
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