41.   The bank says its job is to keep inflation low and prices steady, not to tinker with monetary policy to achieve broader economic goals.

42.   The ECB says its job is to keep prices steady and inflation low, not to tinker with monetary policy to achieve broader economic goals.

43.   With inflation low, Federal Reserve policy-makers will have more leeway to continue reducing interest rates in their effort to avert a recession.

44.   And it incorporated a promise to clamp down on government spending and borrowing, and to keep interest rates and inflation low.

45.   But what was notable then was the comparatively healthy state of the economy, with companies turning in record sales and earnings, inflation low and productivity rising fast.