ECB's Schnabel: Activity in the eurozone is clearly moderating

<ul><li>There is not yet an all-clear for the inflation problem</li><li>Unusual contraction in monetary aggregates is unlikely to foreshadow a deep recession but rather reflects a significant rebalancing of portfolios</li></ul><p>The question is: How far with the eurozone economy fall?</p>

This article was written by Adam Button at www.forexlive.com.