Eurozone inflation data raises prospect of fresh ECB stimulus

European Central Bank could expand quantitative easing and cut deposit rate further, while Fed is expected to raise US rates after strong job growth figures

The European Central Bank president, Mario Draghi, is widely expected to unleash a fresh round of economy-boosting measures on Thursday, after inflation in the eurozone remained at just 0.1% in November.

City analysts had expected the inflation rate to increase modestly to 0.2% in line with forecasts with a slow but robust recovery in the eurozone's fortunes.

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