Anderlecht 2 Tottenham 1

The eurozone’s inflation rate held steady in August, highlighting the challenge facing the ECB as it seeks to revive consumer-price growth.

The risk has increased that the European Central Bank won’t get inflation back up to where it wants, the bank’s chief economist said yesterday, pledging to beef up its anti-deflation asset-buying programme if necessary.

The ECB’s chief economist warned eurozone central bankers of the perils of delaying quantitative easing, according to records of a January meeting that shed light on how policymakers ‘broadly’ agreed to launch the scheme.

Champions League Group D

Champions League Group D

Anderlecht 1 Arsenal 2

Substitute Lukas Podolski netted a dramatic late winner as Arsenal came from behind with two goals in the final two minutes to beat Anderlecht 2-1.

The European Central Bank is hoping a new round of long-term loans will be used by banks to drive down borrowing costs — a substitute for an asset-purchase scheme of its own which would avert a potentially damaging internal split.

EUROPEAN Central Bank President Mario Draghi agreed to put Belgium’s Peter Praet in charge of the bank’s economics division, ignoring calls from Germany that one of its nationals should keep the job.

FINANCE ministers are expected to name the new appointee for the vacant seat at the European Central Bank today when they will also discuss nominations for the International Monetary Fund position.